Nasdaq Dubai Welcomes $500 Million Sukuk listing By Sharjah Islamic Bank
Nasdaq Dubai has welcomed the listing of a US$500 million Sukuk by Sharjah Islamic Bank (SIB), issued under its US$3 billion Trust Certificate Issuance Programme. The five-year Sukuk, maturing in November 2030, carries a profit rate of 4.6 percent. The issuance attracted strong demand from regional and international investors, reflecting confidence in Sharjah Islamic Bank’s […]
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