ICD is proud to have acted as a Joint Lead Manager for Sharjah Islamic Bank’s Sukuk issuance for the second time this year

 Key Highlights:

✅ Total Sukuk Size: USD 500 million
✅ Orderbook: USD 1.35 billion (2.6x oversubscription)
✅ Maturity: 5 years (12-Nov-2030)
✅ Spread: UST +95 bps
✅ Investor Base: Strong global participation, reflecting robust confidence in Sharjah Islamic Bank and Islamic finance markets

This issuance reinforces Sharjah Islamic Bank’s position as a leading Islamic financial institution and highlights the growing depth and resilience of GCC capital markets. Another successful transaction that underscores ICD’s commitment to developing Islamic capital markets in member countries. 

With this deal, the total Sukuk issuance facilitated by ICD as a Joint Lead Manager has now reached USD 15 billion, highlighting its pivotal role in strengthening financial ecosystems and enabling private sector access to diversified funding sources.

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