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Sharjah Islamic Bank Lists $500 Million Sukuk on Nasdaq Dubai

MT Newswires·10/29/2026 08:04:52
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08:04 AM EDT, 10/29/2026 (MT Newswires) -- Sharjah Islamic Bank (ADX:SIB) listed a $500 million sukuk on Nasdaq Dubai in an offering that was 2.6x oversubscribed. The five-year senior unsecured sukuk has a 5.850% profit rate and matures in September 2031, with pricing set at 105 basis points above five-year US Treasuries, according to a Thursday filing.