The Sharjah Finance Department, SFD, has recently established a framework worth AED4 billion to enhance liquidity for the emirate’s banking system as part of additional financial assistance to all businesses impacted by the COVID-19 outbreak. "Issued as 12-month dirham-denominated paper in several tranches, the Sharjah Liquidity Support Mechanism, SLSM, Sukuk represents the first rated short term local currency tradeable instrument in the UAE, which can be used for liquidity management ...