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Estithmar Holding Issues 4th Tranche of Sukuk Program

Doha: Estithmar Holding, a Qatari public shareholding company, has launched the fourth tranche of its QR 3.4 billion Sukuk program, which is listed on the London Stock Exchange. In a Thursday disclosure to Qatar Stock Exchange, the company confirmed that the fourth tranche is valued at QR 105 million.

According to Qatar News Agency, Estithmar Holding had previously disclosed that during the third quarter of 2024, it successfully issued the first tranche of its Sukuk worth QR 500 million. The second tranche, released in late 2024, totaled approximately QR 150 million. The third tranche, also valued at QR 150 million, was issued in the last quarter of last year.