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Thursday, July 18, 2024

Launch Partners

IsDB to issue US$4 billion in green Sukuk in 2023, according to media

SAUDI ARABIA: The IsDB is pursuing a US$4 billion green Sukuk issuance in 2023, Arab News reported quoting Al Arabiya. The bank’s Sukuk issuance plans are dependent upon the volume of financing required by member countries, IsDB President Dr Muhammad Al-Jasser was quoted as saying. Year-to-date, the IsDB has raised US$3 billion in Sukuk; it issued US$5 billion last year. Share this:

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