Tue, 21-Oct-2025

Emirates Islamic closes $500 million Sukuk issuance deal

RIYADH: Emirates Islamic, the Dubai-based bank, has said it has closed a $500 million five-year Sukuk issuance deal as part of its $2.5 billion Certificate Issuance Programme, Arab News reported. The issuance, rated A+ by Fitch, is listed on the Nasdaq Dubai and Euronext Dublin’s regulated market. The order book amounted to $1.2 billion, which is 2.4 … Read more