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Sharjah Islamic Bank listed a $500 million Sukuk on Nasdaq Dubai, boosting its total listings to $1.5 billion.
Nasdaq Dubai has listed a $500 million five-year Sukuk issued by Sharjah Islamic Bank, with a 4.6% profit rate and maturity in November 2030, marking the bank’s second Sukuk listing on the exchange in 2025.
The issuance, under a $3 billion Trust Certificate Programme, attracted strong regional and international investor interest and will support the bank’s general corporate purposes.
The listing brings SIB’s total Sukuk on Nasdaq Dubai to $1.5 billion.
A bell-ringing ceremony was held by SIB’s Deputy CEO Ahmed Saad and Nasdaq Dubai CEO Hamed Ali, highlighting growing confidence in Dubai’s capital markets and the UAE’s role in global Islamic finance.
Nasdaq Dubai now hosts $103 billion in Sukuk and over $144 billion in total debt listings.
El Banco Islámico de Sharjah listó un Sukuk de 500 millones de dólares en Nasdaq Dubai, aumentando su total de listados a 1.500 millones de dólares.