UAE’s Pure Harvest considers second sukuk as it looks to expand to Asia
- Date: 11-Aug-2022
- Source: Salaam Gateway
- Sector:Agriculture
- Country:UAE
UAE’s Pure Harvest considers second sukuk as it looks to expand to Asia
Dubai: Abu Dhabi-based Pure Harvest Smart Farms plans to raise funding through a new sukuk (Islamic bond) or conventional bond to support its food-security driven expansion plans, Tariq Sanad, the company’s chief financial officer, told Salaam Gateway.
The agritech firm’s breakthrough farming system that can produce year-round crops in the desert has attracted a diverse mix of investors since its inception in 2016.
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