ICD Sukuk Company Limited, founded in 2010 and based in Dubai, UAE, operates as a special purpose vehicle focused on providing Sharia-compliant investment opportunities. The company primarily specializes in the issuance of sukuk, or Islamic bonds, facilitating capital-raising for projects in adherence to Islamic finance principles.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| INVCOR 5.00% 2027-02-01 USDICD Sukuk Company Limited | Cayman Islands | 2027-02-01 | 5.000 | 4.82 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, ICD Sukuk has established itself as a key player in the sukuk market, with notable issuances such as the $1.5 billion sukuk in 2017 aimed at enhancing liquidity and supporting corporate growth. A recent issuance in 2023 attracted significant investor interest, reflecting current yields that are competitive within the industry, particularly for Islamic financial products. The company is recognized for its unique features, such as green sukuk targeting environmentally sustainable projects, and has plans for future growth amid an evolving financial landscape.