Sharjah plans debut sukuk-bankers | GulfNews.com:
"The emirate of Sharjah is planning its first foray into international bond markets with a debut sukuk deal, three bankers with knowledge of the matter said.
The sovereign is rumoured to have appointed banks to manage the transaction and could launch the deal as early as September, the bankers said.
While Sharjah itself has not issued a bond in international markets before, state-owned Sharjah Islamic Bank has two sukuk outstanding: a $400 million, 4.715 per cent 2016 bond and a $500 million, 2.95 per cent 2018 note."
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