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LoginAlRayan Bank Manages to Issue 1st Debut Green Sukuk Worth QR 500 Million
Doha, February 04 (QNA) - AlRayan Bank announced the successful issuance of its debut 3-year Green Sukuk, raising QR 500 million at a profit rate of 4.25 percent per annum,
A statement by the bank, published on Qatar Stock Exchange (QSE), on Wednesday indicated that the issuance marks a key milestone for AlRayan Bank and a major moment in its Environmental, Social, and Governance communications journey.
The Sukuk will be listed on the QSE in accordance to their processes and subject to all regulatory approvals. (QNA)
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