OMNIYAT Launches USD 500 Million Green Sukuk on Nasdaq Dubai
Nasdaq Dubai today welcomed a USD 500 million Green Sukuk by OMNIYAT, a leading Dubai-based real estate developer. The three-year Sukuk, maturing on 6 May 2028, was issued under a USD 1 billion Trust Certificate Issuance Programme and carries a profit rate of 8.375%.
The Sukuk will support the development of environmentally sustainable real estate projects across OMNIYAT’s portfolio, focusing on energy efficiency, sustainable construction, and environmental performance.
Strong Demand from Investors
The issuance attracted strong demand from regional and international investors, with initial price thoughts around 8% tightening to the final rate, underscoring investor confidence in OMNIYAT’s strategy and Dubai’s real estate sector.
Celebration at Nasdaq Dubai
Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, rang the market opening bell on behalf of the company at Nasdaq Dubai to celebrate the listing, in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM).
“Today’s bell ringing marks more than just a financial milestone; it signals OMNIYAT’s long-term commitment to sustainable growth and responsible investment. The successful launch of this green sukuk reflects our belief that profitability and positive environmental impact are intertwined.” – Mahdi Amjad, Founder and Executive Chairman of OMNIYAT
Amjad described the oversubscription and successful issuance as a testament to the growing appetite for investment vehicles that drive both economic growth and sustainable outcomes.
Support from Nasdaq Dubai
Hamed Ali, CEO of Nasdaq Dubai and DFM, commented: “OMNIYAT’s Green Sukuk listing is a strong addition to Nasdaq Dubai’s ESG and Islamic finance ecosystem. It reflects the growing role of the private sector in advancing sustainable finance and adds further depth to the market.”
Impact on ESG-linked Debt Instruments
With this listing, the total value of ESG-linked debt instruments on Nasdaq Dubai has reached USD 29.6 billion, representing a growing share of the exchange’s debt market. Green instruments account for over 60% of ESG listings, highlighting strong regional momentum toward sustainable capital markets.
The total value of Sukuk listed on Nasdaq Dubai now stands at USD 96.2 billion, while the overall value of debt instruments on the exchange exceeds USD 138 billion.
