Abu Dhabi – Mubasher: Nasdaq Dubai welcomed the listing of a $500 million Additional Tier 1 (AT1) Sukuk offered by Sharjah Islamic Bank, according to a press release.

The perpetual, non-call six-year AT1 Capital Certificates were issued by the lender’s Tier 1 Sukuk IIND Limited per Basel III regulations.

The issuance attracted strong demand from both regional and international investors, enabling Sharjah Islamic Bank to fuel its long-term growth plans.

This latest transaction brings the bank’s total outstanding on Nasdaq Dubai to $2.50 billion across five listings.

Ahmed Saad, DCEO of Sharjah Islamic Bank, commented: “This issuance reflects our strong fundamentals, robust investor confidence, and commitment to maintaining a solid capital base in line with Basel III requirements.”

“As we expand our presence in international markets, we remain committed to contributing to the sustainable development of the UAE’s financial sector and the broader Islamic capital market ecosystem,” Saad added.

Hamed Ali, CEO of Nasdaq Dubai and DFM, said: "The momentum we are seeing in Sukuk issuances signals a maturing financial ecosystem where local ambition meets global capital flows. SIB’s continued engagement underscores the strategic role financial institutions play in building resilient, forward-looking capital markets across the UAE and beyond."

With this listing, the total value of Sukuk listed on Nasdaq Dubai has reached $95.70 billion, reflecting its position as one of the world’s largest venues for Islamic fixed-income securities.

Nasdaq Dubai recently welcomed the listing of a $500 million Sukuk from Mashreq Al Islami Sukuk Company Limited.