Islamic banking

Latest transaction brings Sharjah Islamic Bank's total outstanding on Nasdaq Dubai to $2.5 billion across five listings

The issuance highlights the increasing appeal of Sharia-compliant financial instruments from UAE institutions

The UAE's well-capitalized and liquid banks stand ready to provide funding if capital markets become unsupportive, ensuring stability

Successful launch highlights conviction that profitability and a positive environmental impact are mutually reinforcing

The UAE Islamic finance industry is estimated to have reached over $285 billion at the end of Q1 2025
