AUB Sukuk Ltd, founded in 2007 and headquartered in Bahrain, operates as a wholly-owned subsidiary of Arab Banking Corporation (ABC) and focuses primarily on Islamic financial products. The company specializes in the issuance of Sukuk, or Islamic bonds, providing a range of financing solutions that comply with Sharia principles.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AUBBI 2.62% 2026-09-09 USDAUB Sukuk Ltd | Cayman Islands | 2026-09-09 | 2.615 | 4.99 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, AUB Sukuk Ltd has made significant strides in the Sukuk market, issuing over $1 billion in Sukuk in various tranches. Noteworthy issuances include a $500 million Sukuk in 2015, which was well-received and marked a pivotal moment in expanding its investor base. Currently, the company's yields are competitive within the industry, often outperforming traditional bond benchmarks. In 2022, AUB Sukuk Ltd introduced a new green Sukuk aimed at funding environmentally sustainable projects, reflecting a growing trend towards responsible investing.