AlRayan Bank has raised 500 million Qatari riyals ($137 million) through a three-year green sukuk, priced at a profit rate of 4.25 percent per annum. The issuance marks the bank’s debut sustainability-linked sukuk and will be listed on the Qatar Stock Exchange on February 9.
Green financing milestone
Moreover, the transaction strengthens the bank’s presence in the domestic Islamic capital markets while expanding its sustainable finance offering. Additionally, the sukuk aligns with growing investor demand for Shariah-compliant instruments that support environmental objectives. The bank carries Moody’s A2 with a stable outlook and Fitch’s A with a stable outlook.
Funding strategy context
However, this issuance follows a return to the debt markets in May, when the lender raised $500 million through a five-year sukuk after a five-year absence. At that time, pricing came at US Treasuries plus 80 basis points, with a profit rate of 4.875 percent. Therefore, the latest deal reflects improving funding diversification and continued access to competitive liquidity.
