Binghatti Holding Lists $500 Million Sukuk on Nasdaq Dubai

Binghatti Holding Lists $500 Million Sukuk on Nasdaq Dubai

Nasdaq Dubai, the region's international financial exchange, today welcomed the listing of a USD 500 million Sukuk by Binghatti Holding, a leading Dubai-based property developer. Issued under Binghatti’s USD 1.5 billion Trust Certificate Issuance Programme, the Sukuk matures in 2030 and was oversubscribed five times, attracting more than USD 2.5 billion in orders from regional and international investors. Reflecting this strong demand, the issua…

Nasdaq Dubai Welcomes USD 500 Million Sukuk Listing By Binghatti Holding - Construction Business News Middle East

Nasdaq Dubai has listed a USD 500 million Sukuk issued by Binghatti Holding oversubscribed by five times Nasdaq Dubai’s total Sukuk listings reached USD 98.6 billion, across 108 listings. Binghatti’s USD 500 million sukuk oversubscribed five times with orders exceeding USD 2.5 billion from regional and global investors Nasdaq Dubai, the region’s international financial exchange, today welcomed the listing of a USD 500 million Sukuk by Binghatti…

Nasdaq Dubai welcomes Binghatti Holding’s $500mln Sukuk listing

The Sukuk matures in 2030 and was oversubscribed five times

Binghatti Lists $500 Million Sukuk on Nasdaq Dubai Amid Strong Investor Demand

Nasdaq Dubai, the region’s international financial exchange, today celebrated the listing of a $500 million Sukuk by Binghatti Holding, a prominent property developer based in Dubai. Issued under Binghatti’s $1.5 billion Trust Certificate Issuance Program, the sukuk is set to mature in 2030 and was oversubscribed five times, drawing more than $2.5 billion in orders from both regional and international investors. This robust demand allowed for th…