UAE - Mubasher: Dubai-based property developer Binghatti Holding Limited has listed a $500 million Sukuk on Nasdaq Dubai as part of its $1.50 billion Trust Certificate Program.

The issuance was oversubscribed five times, attracting more than $2.50 billion in orders from regional and international investors, according to a press release.

The sukuk, maturing in 2030, was priced at a profit rate of 8.12%, tightening significantly from initial guidance.

Muhammad BinGhatti, Chairman of Binghatti Holding, said: “The strong demand for our latest sukuk underscores the confidence that regional and international investors place in our financial strength and vision.”

Hamed Ali, CEO of Nasdaq Dubai and DFM, emphasized: “At Nasdaq Dubai, we remain committed to providing the issuers with a platform to connect with a diverse investor base.” 

It is worth noting that Binghatti Holding’s total sukuk listings on Nasdaq Dubai now stand at $1 billion, reflecting the company’s continued confidence in the exchange.

Nasdaq Dubai, which hosts 108 sukuk listings valued at $98.60 billion, continues to strengthen its role as a global hub for Islamic finance.

In June 2025, Binghatti Holding launched DIFC-based Binghatti Capital to manage around $1 billion in Shariah-compliant private credit and real estate.