Sharjah Islamic Bank (SIB) has marked a significant achievement by listing a USD 500 million Sukuk on Nasdaq Dubai, further advancing its USD 3 billion Trust Certificate Issuance Programme. This five-year Sukuk, which is set to mature in November 2030, offers a profit rate of 4.6% and has attracted robust interest from both local and global investors.
This listing represents SIB's second Sukuk on Nasdaq Dubai in 2025, raising the bank's total Sukuk listings on the exchange to USD 1.5 billion. The proceeds will support SIB's general corporate activities, showcasing its dedication to strategic growth and effective liquidity management.
Sharjah Islamic Bank’s listing underscores its commitment to strengthening its presence in global capital markets while actively contributing to the UAE’s Islamic finance landscape. Continuous collaboration with Nasdaq Dubai emphasizes the city’s strategic role as a leading centre for innovative Islamic finance solutions and cross-border investment.
The total Sukuk value listed on Nasdaq Dubai now reaches USD 103 billion, reinforcing the exchange’s stature as one of the foremost platforms for Islamic fixed-income instruments. Concurrently, the cumulative debt listings on Nasdaq Dubai have exceeded USD 144 billion, highlighting Dubai’s growth in capital raising and providing access for international investors.
This recent Sukuk listing illustrates the confidence in Sharjah Islamic Bank's financial robustness and vision, further solidifying Dubai's prominent role as a central hub for Islamic finance and regional capital markets.
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