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Wednesday, April 30, 2025 5:5 GMT
Adnoc Murban Sukuk, a special purpose vehicle for issuing Shari'a compliant trust certificates, has priced its inaugural offering of Shari'a compliant trust certificates under its International Sukuk Programme with a principal amount of US$1.5 billion, reported WAM. This represents the largest-AA rated Corporate Sukuk ever issued globally. The Sukuk will be issued in a single tranche, maturing on 6th May 2035, with an annual profit rate of 4.75 per cent. The price was one of the lowest-ever...More