UAE’s Sharjah to raise $750m in first 2022 sukuk issuance

  • 3/22/2022
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RIYADH: UAE’s Sharjah is seeking to raise more than $750 million from its first sukuk issuance in 2022, according to Al Arabiya. Among the banks selected to manage the offering are Standard Chartered Bank, Abu Dhabi Commercial Bank, First Abu Dhabi Bank, and others. In preparation for the eight-year offering, the Emirate of Sharjah started a series of promotional offers for fixed income investors, Al Arabiya reported citing a banking source.

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