Proceeds will enhance the group’s financial position and fund its ongoing growth and diversification strategies
Sukuk
Latest in Sukuk
Sukuk
UAE treasury bonds and sukuk hit $6.8bn milestone
Both programmes have seen strong demand, with auctions consistently oversubscribed
Sukuk
UAE’s AED1.1 billion Islamic Treasury Sukuk issue gets 5.7 times oversubscribed
The success of the latest T-Sukuk auction is attributed to its attractive market driven prices
Islamic bond
Estithmar Holding issues QAR500mn Islamic bond, first corporate Sukuk denominated in Qatari Riyal
This issuance is the inaugural tranche of its QAR 3.4 billion Sukuk programme, which is listed on the LSE’s International Securities Market
Blockchain
Blockchain network HAQQ reveals plans for gold-backed stablecoin, tokenised sukuk to boost Islamic interbank market
The move comes close on the heels of the UAE central bank approving issuance of stablecoin regulation
Arada
Sharjah real estate developer Arada’s $400mn sukuk issuance draws robust investor demand, oversubscribed 3.5 times
The Sukuk issuance saw strong demand from both regional and international investors