Estithmar Holding Issues 3rd Tranche of Sukuk Program

Doha: Estithmar Holding, a Qatari public shareholding company, has launched the third tranche of its QAR 3.4 billion Sukuk program. This latest tranche is listed on the London Stock Exchange.

According to Qatar News Agency, in a recent disclosure to the Qatar Stock Exchange, Estithmar Holding confirmed that the third tranche is valued at roughly QAR 150 million. The company had previously announced that in the third quarter of last year, it successfully issued Sukuk worth QAR 500 million. Subsequently, the second tranche, released in late 2024, was also valued at approximately QAR 150 million.