OMNIYAT, a leading Dubai-based real estate developer, has listed a USD 500 million Green Sukuk on Nasdaq Dubai, reinforcing its commitment to sustainable development and attracting strong interest from global investors.
The three-year Sukuk, set to mature on 6 May 2028, was issued under OMNIYAT’s USD 1 billion Trust Certificate Issuance Programme. Priced at a profit rate of 8.375%, the issuance saw robust demand, with pricing tightening from initial thoughts around 8%, reflecting strong investor confidence in both OMNIYAT’s growth strategy and Dubai’s resilient real estate sector.
Proceeds from the Green Sukuk will support environmentally sustainable real estate initiatives across OMNIYAT’s portfolio. Projects will focus on energy efficiency, sustainable construction practices, and improved environmental performance.
Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, marked the listing by ringing the market opening bell at Nasdaq Dubai. He emphasized the milestone as a signal of OMNIYAT’s long-term commitment to responsible investment and sustainability.
Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market, welcomed the listing, calling it a valuable addition to the exchange’s ESG and Islamic finance offerings and a sign of the private sector’s growing role in advancing sustainable finance.
With this listing, Nasdaq Dubai’s total ESG-linked debt instruments have reached USD 29.6 billion, over 60% of which are green instruments. The exchange now hosts USD 96.2 billion in Sukuk listings and more than USD 138 billion in total debt instruments, further strengthening its position as a key hub for sustainable and Islamic finance.
News Source: Dubai Media Office
