Qatari firm Estithmar Holding lists first QAR Sukuk on LSE, marking LSE's first QAR listing.
Estithmar Holding, a Qatari firm, has made history by listing its first Sukuk in Qatari Riyals on the London Stock Exchange, marking the LSE's inaugural listing in this currency. The QAR 500 million Sukuk offers an 8.75% annual profit rate and is part of a larger QAR 3.4 billion program. The issuance received strong interest from various investors and underscores confidence in Qatar's economic growth and the private sector's expansion capabilities.
September 19, 2024
8 Articles