Estithmar Holding Announces Semi-annual Profit Distribution on 1st Tranche of Sukuk

Doha: Estithmar Holding has announced the second semi-annual profit distribution for the first tranche of its Qatari Riyal-denominated sukuk, with an annual profit rate of 8.75%.

According to Qatar News Agency, the Qatari public shareholding company had issued the first tranche of its sukuk program-valued at QAR 3.4 billion-in August 2024. The issuance is listed on the International Securities Market of the London Stock Exchange.