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Alrayan Bank Issues First Debut Green Sukuk Worth Qr500m
(MENAFN- The Peninsula)
QNA
Doha: AlRayan Bank announced the successful issuance of its debut 3-year Green Sukuk, raising QR 500m at a profit rate of 4.25% per annum,
A statement by the bank, published on Qatar Stock Exchange (QSE), on Wednesday indicated that the issuance marks a key milestone for AlRayan Bank and a major moment in its Environmental, Social, and Governance communications journey.
The Sukuk will be listed on the QSE in accordance to their processes and subject to all regulatory approvals.
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