Estithmar Holding lists the first corporate Sukuk in Qatari Riyals on London Stock Exchange
The Peninsula
London: Estithmar Holding celebrated this morning, September19, the listing of its first Sukuk in Qatari Riyals on London Stock Exchange, at the Stock...
London: Estithmar Holding celebrated this morning, September19, the listing of its first Sukuk in Qatari Riyals on London Stock Exchange, at the Stock Exchange’s headquarters. This is the first time that London Stock Exchange has witnessed listing in Qatari riyals.
The market open ceremony for the listing of Estithmar Holding Sukuks was attended by Eng. Mohammed bin Bader Al-Sada, Group CEO of Estithmar Holding, in addition to key executives from the company, Shrey Kohli, Head of Debt Capital Markets and Issuer Services in London Stock Exchange, members of the LSE team, and a group of media representatives.
The ceremony was also attended by representatives of the joint lead managers of the issuance and Qatari financial institutions; Mohammed Ismail Al-Emadi, CEO of Lisha Bank, Ahmed Hashem, acting CEO of Dukhan Bank, Akber Khan, acting CEO of Al Rayan Investment and Haithem Katerji, CEO of The First Investor. The ceremony was attended also by Charbel AbuCharaf, Managing Partner, White and Case Qatar in addition to representatives of legal and consultancy firms.
