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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Sharjah Islamic Bank Sukuk issuance receives huge response

Posted on 18 May 2011

The road shows launched last week by Sharjah Islamic Bank (SIB) to mark the Bank’s Sukuk issuance have been a resounding success, according to Bank CEO HE Mohammed Abdullah. The issuance of the US dollar-denominated Sukuk (Islamic bonds) is expected to close today (Wednesday 18 May 2011), and be listed on the London Stock Exchange.
The CEO’s remarks followed meetings between SIB management and investors, including investment portfolios, finance companies and banks in the Middle East, Asia and Europe, where the Sukuk issuance received a great response……………………………………….Full Article: Source

 
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