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Emerging MarketsEM Middle East

Sharjah leaps into burgeoning sukuk market

Alamy_Sharjah_575x375_5July2021

The Emirate of Sharjah is returning to the international bond market just months after its last visit, but this time marketing a sukuk that will place it among the ranks of major emerging market issuers — both sovereign and corporate — to have raised cash at competitive levels recently with the Sharia-compliant instrument.

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