ADIB lists world’s first Dollar-denominated green sukuk on Abu Dhabi Securities Exchange

ADIB lists world’s first Dollar-denominated green sukuk on Abu Dhabi Securities Exchange

The Sukuk marks the sixth Green debt issuance on ADX Listed on the London Stock Exchange in November 2023, the recent issuance highlights the strong local demand for the popular Sukuk Abu Dhabi, UAE: Abu Dhabi Islamic Bank, one of the leading global Islamic banks, is pleased to list the world’s first USD-denominated green Sukuk on Abu Dhabi Securities Exchange (ADX”), the 2nd largest exchange by market value in the Middle East. ADX is delighted to welcome ADIB’s Green Sukuk to its growing group of green debt instruments.  Listed alongside COP28, the $500 million issuance is expected to contribute to the UAE’s economic diversification and sustainability efforts. It aims to support the UAE’s objectives in driving a green and sustainable economy.  To commemorate the successful listing, senior representatives from Abu Dhabi Islamic Bank Executive Management rang the bell at the market-opening ceremony at ADX in the presence of Abdulla Salem Alnuaimi, Chief Executive Officer of ADX.  Abdulla Salem Alnuaimi, Chief Executive Officer of ADX, said: “We are pleased that ADIB has chosen ADX as their strategic listing platform for the world’s first dollar denominated Green Sukuk. This listing reflects the growing market demand of and need for sustainable investments and