November 15th, 2025 - 06:55 GMT
DIB, the world’s first Islamic bank and the largest in the UAE (rated A3 by Moody’s and A by Fitch), announced that it has successfully accessed the international Sukuk market with a USD 1 billion Sustainability-Linked Sukuk, priced at a profit rate of 4.572% per annum with a tenor of five years. The issuance represents a significant milestone, marking the Bank's first Sukuk to be issued in a Sustainability-Linked format. This builds on the Bank's earlier achievement of being the first Islamic institution to establish a Sustainability-Linked Finance Facilities Financing ...
