IN’P IBRAHIM .N. PARTNERS KICKS OFF UAE EQUITY CAPITAL MARKETS IN 2026 WITH LANDMARK APPROX. AED 2.5 BILLION SHARJAH ISLAMIC BANK RIGHTS ISSUE
IN’P IBRAHIM .N. PARTNERS (“INP”) has successfully acted as legal counsel in connection with the rights issue of Sharjah Islamic Bank PJSC (“SIB”), with an offering size of approximately AED 2.5 billion, marking the first equity offering completed in the UAE in 2026.
The successful completion of the transaction further reinforces INP’s market-leading position in the UAE equity capital markets space and continues the firm’s track record of leading landmark and first-of-its-kind capital markets transactions in the region.
The offering witnessed exceptionally strong investor demand and was oversubscribed multiple times, reflecting robust market confidence in the UAE capital markets, the resilience of the UAE banking and financial services sector, and continued investor appetite for high-quality issuers.
The transaction also sends a strong positive signal to the market that the UAE equity capital markets remain active, liquid, and capable of successfully executing large-scale offerings despite global market volatility and macroeconomic uncertainty.
Commenting on the transaction, Ahmed Ibrahim, Managing Partner of IN’P IBRAHIM .N. PARTNERS, said:
“This transaction is particularly significant as it represents the first equity offering in the UAE in 2026 and sets a very positive tone for the year ahead. The strong oversubscription levels demonstrate continued investor confidence in the UAE economy, the banking sector, and the strength of the UAE capital markets platform.
We are proud to have led another landmark transaction and to continue maintaining our position as the most active law firm in the UAE capital markets space.”
INP continues to play a leading role in the development of the UAE capital markets and has consistently advised on many of the region’s most high-profile and transformative ECM transactions, including IPOs, rights issues, block trades, mandatory takeover offers, and strategic equity investments.
About IBRAHIM .N. PARTNERS
IN’P IBRAHIM .N. PARTNERS www.inp.legal is an independent MENA-region law firm based in the UAE, led by our Managing Partner, Ahmed Ibrahim, and is comprised of a team of lawyers that are experts in advising on all aspects of UAE law. We advise both local and international companies on a full range of issues from contentious and non-contentious corporate and commercial matters, including major project work, establishing, and conducting business across the Emirates, joint ventures, mergers and acquisitions, equity capital market, legal due diligence/audit, employment matters, property, structuring, distributions and franchise arrangements