Aldar Real Estate Investment Company lists green sukuks on the Abu Dhabi market

2023-10-18 21:25:33

Aldar Real Estate Investment Company Limited listed sukuks worth $500 million on the Abu Dhabi Securities Market. The market said in a circular today that Aldar Investment’s sukuks will be green and will be listed as of next Monday, October 23.
Sharjah 24 – WAM:

The Abu Dhabi Securities Market announced the listing of the sukuk issued by Aldar Real Estate Investment Company Limited, worth $500 million.

The market said in a circular today that Aldar Investment’s sukuk will be green and will be listed as of next Monday, October 23.

The Abu Dhabi Securities Market witnessed an increase in the number of green bonds and sukuks listed this year, as part of issuers’ efforts to deploy capital in sustainable and clean energy projects in conjunction with preparations for the twenty-eighth Conference of the Parties (COP28).

A few days ago, the Abu Dhabi Securities Market welcomed the secondary listing of green bonds for the Abu Dhabi Future Energy Company “Masdar”, worth $750 million, while last month it welcomed the listing of the Abu Dhabi National Energy Company “Taqa” for dual-tranche bonds worth $1.5 billion, as well as the Sweihan Photovoltaic Energy Company. By listing a $700 million green bond earlier last year.

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