ENBD Capital closes IsDB’s sukuk – Gulf Today

ENBD Capital closes IsDB’s sukuk – Gulf Today

Emirates NBD Capital Limited, the investment banking arm of Emirates NBD (ENBD) has successfully closed Islamic Development Bank (IsDB)'s first ever USD sustainability sukuk.. Fahad Abdulqader Al Qassim, CEO of Emirates NBD Capital, commented: "Emirates NBD Capital has a long-standing relationship with IsDB and we are pleased to support this landmark Sustainability Sukuk that will support the recovery, growth and future development of communities across the world as they manage the impact of the ongoing COVID-19 pandemic.. The transaction also demonstrates Emirates NBD's growing capabilities in environmental, social, and governance (ESG) related financing, an area which will only grow in importance and relevance as businesses across the globe seek to maintain their resilience during these challenging times and thrive in the future.".