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Kuwait Finance House sells entire stake in Sharjah Islamic Bank

Kuwait Finance House sells entire stake in Sharjah Islamic Bank

The Kuwaiti lender sold the shares to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank
Kuwait Finance House sells entire stake in Sharjah Islamic Bank

Sharjah Islamic Bank successfully issues $500 million sukuk

The issuance received tremendous response from international investors, attracting orders that peaked at $1.5 billion