Sharjah Islamic Bank Raises $500 Million From Oversubscribed Sukuk Issuance

07:00 AM EDT, 09/27/2026 (MT Newswires) -- Sharjah Islamic Bank (ADX:SIB) concluded an oversubscribed issuance of a $500 million sukuk, according to a Sunday release. The five-year instrument was priced at a final yield of 5.85%. The Abu Dhabi-listed lender will use the funding to diversify its sources of liquidity and drive long-term growth.