Sharjah Islamic Bank (SIB) has successfully issued a $500 million five-year Sukuk amid strong investor demand attracting orders of $1.3 billion, which is 2.6 times the issue size.
Sharjah Islamic Bank (SIB) today announced the successful completion of its AED2.59 billion ($705.24 million) rights issue, which saw an oversubscription of 3.2 times.