Binghatti Sukuk Tap Records a Huge Demand

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Binghatti is a prominent real estate developer in Dubai. The latest sukuk issuance has earned the company remarkable success. It has solidified position in the financial market. This new sukuk tap is linked to Binghatti’s initial February 2027 USD 300 million sukuk. It had already made headlines with its listing on the London Stock Exchange (ISM) & Nasdaq Dubai earlier this year.

The initial sukuk was over 200% oversubscribed. It demonstrated exceptional market confidence. The recent tap has made the total sukuk deal size expand to $500 million. The latest offer has attracted unprecedented interest.

This article will explore the impact of the latest Sukuk Tap for Binghatti. Keep on reading till the end to learn more:

About Binghatti



Binghatti is a popular real estate development & holding company. It is based in Duba. Binghatti was founded in 2008 by Dr. Hussain BinGhatti along with his sons. The company has a diverse portfolio of real estate projects. The developments are across various prime locations in Dubai. These areas include Business Bay & Al Jaddaf. The company has properties in Downtown Dubai & Dubai Silicon Oasis as well.


Binghatti’s Sukuk Tap is in Overwhelming Demand