SENAAT Sukuk Ltd, founded in Abu Dhabi, acts as a key funding entity for SENAAT, the UAE's industrial investment company. The purpose of SENAAT Sukuk is to provide capital through the issuance of Sharia-compliant sukuk to support the growth of various industrial sectors within the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GENHLD 4.76% 2025-12-05 USDSENAAT Sukuk Ltd | Cayman Islands | 2025-12-05 | 4.760 | 4.94 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, SENAAT Sukuk has made significant strides in the bond market, with its first sukuk issuance taking place in 2017. Among its noteworthy offerings, the 2019 issuance raised over AED 1 billion, showcasing the company’s strong backing of local industries. Current yields on SENAAT’s sukuk are competitive within the market, reflecting the stability and attractiveness of its financial products. Notably, SENAAT Sukuk's bonds feature a robust credit rating, emphasizing investor confidence amidst a backdrop of sustainable industrial development initiatives.