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Published on 5/6/2011 in the Prospect News Emerging Markets Daily.

UAE's Sharjah Islamic Bank plans roadshow for five-year sukuk issue

By Christine Van Dusen

Atlanta, May 6 - The United Arab Emirates' Sharjah Islamic Bank (SIB) is planning a roadshow for a five-year issue of sukuk notes worth about $300 million, a market source said.

Standard Chartered Bank and HSBC are the bookrunners for the deal.

Sharjah Islamic Bank is a lender based in Sharjah.


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