Financial Markets

Binghatti's $300 Million Sukuk Issuance Receives Strong Investor Response

Binghatti’s $300 Million Sukuk Issuance Receives Strong Investor Response

Binghatti, a prominent developer based in Dubai, has achieved a significant milestone with the successful launch of its inaugural $300 million, three-year sukuk issuance. This Islamic bond, priced competitively at 9.625%, has tightened by 30 basis points, showcasing robust investor confidence and demand. Click Here to Read More : Dubai Real Estate Witnesses Surge in Rent Prices: Dubizzle Annual Property...

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