Category: Banking
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Sharjah Islamic Bank attracts US$1.3 billion order book for US$500 million Sukuk issuance
Sharjah, UAE, 27 September 2026: Sharjah Islamic Bank (SIB) has successfully issued a US$500 million five-year Sukuk amid strong investor demand. The issuance attracted an order book of US$1.3 billion, representing 2.6 times the issue size. The Sukuk was priced at a final yield of 5.85 percent, equivalent to a spread of 105 bps over…
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