Shareholders approved the establishment of a $1.5 billion senior unsecured sukuk issuance program during the General Assembly Meeting held 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 and Chief Executive Officer.
The approved sukuk program will be multi-tranche, non-convertible into shares, and available to both domestic and international investors.
The Board of Directors received full authority to negotiate, execute, and maintain all agreements and documentation necessary for the sukuk issuance.
Qatar Index10,021.90-1.4%
DFM Index5,510.99-0.1%
TASI11,078.89-0.1%
Emirates NBD27.60-3.2%
Dubai Electricity & Water Authority2.65+0.4%
EMAAR12.10-0.4%
EMAARDEV13.750.0%
ADNOC GAS3.240.0%
First Abu Dhabi Bank17.38-1.0%
Emirates Telecom18.78+0.6%
Abu Dhabi Commercial Bank12.64+0.8%
ALRAJHI104.10-0.2%
SNB41.70-1.9%
MAADEN63.70-1.2%
SABIC58.40-0.9%
Boubyan Bank0.68-0.6%
GULF BANK0.33+0.6%
Commercial Bank Of Kuwait0.47-3.3%
Burgan Bank0.210.0%
QNB16.68-1.3%
Industries Qatar10.66-1.8%
Qatar Islamic Bank22.32-1.2%
Ooredoo12.19-3.5%