Qatar Stock Exchange lists QIIB Sukuk as first Islamic Sukuk in its history

Doha, Qatar: Qatar Stock Exchange (QSE) announced the listing of Qatar International Islamic Bank (QIIB) Sukuk on the Sukuk and Debt Instruments Marke...

Doha, Qatar: Qatar Stock Exchange (QSE) announced the listing of Qatar International Islamic Bank (QIIB) Sukuk on the Sukuk and Debt Instruments Market, marking a landmark milestone as the first Islamic Sukuk to be listed in the Exchange’s history. This achievement reflects the continued development of Qatar’s capital market ecosystem and ongoing efforts to diversify the range of investment instruments available to both local and international investors.

The Sukuk issuance amounts to QAR 500 million, offering an annual return of 4.40% with a three-year maturity. The listing represents a significant addition to Qatar’s Islamic finance market, contributing to greater market depth and the diversification of Shariah-compliant investment products.

The bell-ringing ceremony took place at Qatar Stock Exchange headquarters, in the presence of Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, Chairman of Qatar International Islamic Bank;  Abdullah Mohammed Al-Ansari, Chief Executive Officer of Qatar Stock Exchange; and Dr. Abdulbasit Ahmed Al-Shaibei, Chief Executive Officer of Qatar International Islamic Bank.

The listing of QIIB Sukuk represents an important milestone for Qatar’s debt capital market, as it expands the Bank’s financing options and enables access to a broader investor base. This enhances financial flexibility, supports diversification of funding sources, and strengthens the Bank’s financial stability and competitiveness in both the local and regional banking markets.