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.