Dubai Islamic appoints banks to issue sustainable sukuk for the first time

abc) and Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, Baitak Capital, Sharjah Islamic Bank and Standard Chartered meetings with investors from Monday, and this will be followed by a record size issuance, depending on market conditions.

And it was Dubai Islamic Bank Last month, he announced the launch of a new framework for sustainable financing, allowing the bank to issue environmentally friendly and sustainable Islamic sukuk and loans to finance projects in the areas of renewable energy, clean transportation, green buildings, sustainable water and sanitation management, as well as "Support social initiatives that promote job creation, affordable housing, and access to basic services".

Investor demand for financing related to environmental, social and corporate governance has increased and interest in it has increased in the Gulf region and the Middle East in general, with increased investment opportunities in projects related to sustainability and energy transition.

Prepare "Dubai Islamic Bank"Established in 1975, it is the largest Islamic bank in the country UAE In terms of assets, it is the second largest Islamic bank in the world, and it is listed on the Dubai Financial Market, according to its website.

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Arab Banking Corporation (ABC) will startabc) and Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, Baitak Capital, Sharjah Islamic Bank and Standard Chartered meetings with investors from Monday, and this will be followed by a record size issuance, depending on market conditions.

And it was Dubai Islamic Bank Last month, he announced the launch of a new framework for sustainable financing, allowing the bank to issue environmentally friendly and sustainable Islamic sukuk and loans to finance projects in the areas of renewable energy, clean transportation, green buildings, sustainable water and sanitation management, as well as “supporting social initiatives that promote job creation and housing provision.” affordable, and access to basic services.

Investor demand for financing related to environmental, social and corporate governance has increased and interest in it has increased in the Gulf region and the Middle East in general, with increased investment opportunities in projects related to sustainability and energy transition.

Established in 1975, Dubai Islamic Bank is the largest Islamic bank in the country UAE In terms of assets, it is the second largest Islamic bank in the world, and it is listed on the Dubai Financial Market, according to its website.

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