Sharjah Bank has announced its participation in the issuance of unsecured sukuks worth $550 million for a 5-year period. This participation marks a significant step for the bank as part of its strategy to diversify funding sources and strengthen its position in the Islamic finance market. The issuance of unsecured sukuks reflects the confidence of investors in the bank's financial stability and reliability. The funds raised from the issuance will be directed towards financing various projects and supporting the economic development of the Emirate of Sharjah.
