Economy Local 2025-11-01T13:08:52+00:00

Sharjah Islamic Bank Prepares for US Dollar Sukuk Issuance

Sharjah Islamic Bank is set to meet investors to issue US dollar sukuk, aiming to attract capital and strengthen its international presence.


Sharjah Islamic Bank Prepares for US Dollar Sukuk Issuance

Sharjah Islamic Bank has announced it will hold meetings with investors starting from October 31, 2025, ahead of issuing US dollar-denominated standard sukuk. These meetings will be a key step in attracting capital and strengthening the bank's position in the international financial market. The bank aims to offer investors terms that comply with Islamic financing principles. The sukuk issuance will enable the bank to finance new projects and expand its operations.

According to bank representatives, this move reflects their strategy to diversify funding sources and meet the growing demand for Islamic financial instruments. Investors are showing significant interest in such initiatives, given the stability and reliability of the Islamic banking sector.