Tabreed Sukuk SPC Ltd, founded in 2009 and based in Abu Dhabi, United Arab Emirates, is a specialized entity established to support its parent company, National Central Cooling Company PJSC (Tabreed), by facilitating efficient financing through sukuk issuances. The company primarily focuses on providing Islamic financing solutions to foster development in the district cooling sector.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TABRED 5.50% 2025-10-31 USDTabreed Sukuk SPC Ltd | United Arab Emirates | 2025-10-31 | 5.500 | 5.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Tabreed Sukuk SPC Ltd has issued a series of sukuk that align with the company's operational and strategic objectives. Notably, the first issuance occurred in 2010, amounting to AED 1 billion, significantly contributing to Tabreed’s expansion plans. More recently, in 2021, the company issued a sukuk valued at AED 750 million with a competitive yield, well-positioned within the current market landscape, indicating robust demand for their offerings. Special features of its sukuk include retention of Sharia-compliance principles, enhancing appeal among a growing base of socially responsible investors.