Nasdaq Dubai Lists Binghatti’s $500M Green Sukuk

Nasdaq Dubai has announced the listing of Binghatti Holding Limited’s debut $500 million Green Sukuk, marking a significant milestone for one of Dubai’s fastest-growing property developers.

Issued under the company’s $1.5 billion Trust Certificate Issuance Programme, the Sukuk, maturing in 2029 represents Binghatti’s first ESG-linked financial instrument. Investor interest was remarkable, with the issuance oversubscribed 4.3 times, attracting over $2.1 billion in orders from both regional and global investors. This strong demand allowed Binghatti to tighten pricing to a profit rate of 7.75%, down from the initial 8.125% guidance.

Funds raised from the Green Sukuk will be directed toward qualified green projects aligned with Binghatti’s sustainability framework, reinforcing the company’s commitment to the UAE Net Zero 2050 initiative. The listing also highlights Dubai’s broader vision of positioning sustainable finance as a core driver of economic growth and innovation.

The occasion was celebrated at Nasdaq Dubai’s market-opening ceremony, where Ahmed BinGhatti and Katralnada BinGhatti, Vice Chairman and CEO of Binghatti Holding, rang the ceremonial bell alongside Hamed Ali, CEO of Nasdaq Dubai and the Dubai Financial Market (DFM), and other senior executives.

From a sales perspective, this listing signals growing investor appetite for sustainable ventures opening the door for sales professionals to explore ESG-focused partnerships, financial collaborations, and green project investments across the Middle East’s expanding sustainability ecosystem.

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