Shareholders approved the establishment of a $1.5 billion senior unsecured multi-tranche sukuk issuance programme at the General Assembly Meeting on February 27, 2026.
A special resolution was passed to amend Article 13 of the Articles of Association, allowing the Company to combine the roles of Chairman of the Board and Chief Executive Officer.
The Board of Directors was authorized to manage all aspects of the sukuk program, including timing, listing venues, and the appointment of advisers, subject to regulatory approvals.
The meeting reached a quorum of 91.24%, with all three special resolutions receiving over 98% approval from participating shareholders.
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