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Sharjah Islamic Bank Hires HSBC, StanChart for Sukuk Sale

May 8 (Bloomberg) -- Sharjah Islamic Bank PJSC, a United Arab Emirates lender, hired HSBC Holdings Plc and Standard Chartered Plc to manage the sale of Islamic bonds.

The dollar-denominated sukuk will be sold subject to market conditions and after fixed-income investor meetings in the Middle East, Asia and Europe, the Sharjah-based bank said in a statement to the Abu Dhabi bourse today.

Link to Company News:{HSBA LN <Equity> CN <GO>} Link to Company News:{NBS UH <Equity> CN <GO>} Link to Company News:{STAN LN <Equity> CN <GO>}

To contact the reporter on this story: Shaji Mathew in Dubai at shajimathew@bloomberg.net

To contact the editor responsible for this story: Riad Hamade at rhamade@bloomberg.net

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