Sharjah Islamic Bank prices $500mln sukuk as demand tops $1.2bln

By Staff WriterAbu Dhabi-listed Sharjah Islamic Bank (SIB) priced its $500 million five-year sukuk after attracting more than $1.2 billion (excluding JLM interest) in investor orders, allowing it to tighten pricing by 30 basis points from initial guidance.The UAE lender priced the Reg S senior unse…