UAE: Sharjah Islamic Bank issues $500 million, five-year sukuk amid robust global demand | World News

Sharjah Islamic Bank completes $500 million, five-year Sukuk, reflecting strong global investor confidence/Image: WAM Sharjah Islamic Bank (SIB) has reinforced its standing in global capital markets with the successful issuance of a US$500 million senior unsecured Sukuk. The transaction, completed during a period of heightened market volatility and year-end liquidity pressures, highlights the bank’s resilient […]

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UAE opens Shariah-compliant Treasury Sukuk (T-Sukuk) to individual investors for the first time | World News

Previously, Shariah-compliant Treasury Sukuk were available only to institutional investors, restricting access to large-scale financial entities and organizations/ Image:X The UAE is opening government-backed Islamic investments to the public for the first time. Through the new Retail Sukuk initiative, citizens and residents can now invest in Shariah-compliant Treasury Sukuk (T-Sukuk) digitally, gaining access to secure, […]

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