Doha, March 12 (QNA) – The Estithmar Holding (a Qatari public shareholding company) announced the distribution of the third semi-annual returns on the first tranche of its Qatari Riyal-denominated sukuk, at an annual profit rate of 8.75 percent.

In a statement Thursday the company explained that it issued the first tranche of its QAR 3.4 billion sukuk program in August 2024, which is listed on the International Securities Market of the London Stock Exchange.

The list of investors includes banks, insurance companies, and asset managers. The issuance attracted interest from both governmental and non-governmental institutional investors, reflecting growing confidence in Estithmar Holding’s ability to deliver increasing value to its shareholders and investors.

It is worth noting that the Istithmar Holding has companies and projects in 10 countries, distributed among healthcare projects in Qatar, Algeria, Iraq, and Libya, the services sector which has seen expansions in Qatar, Saudi Arabia, Iraq, Libya, Jordan, Kazakhstan, and the Maldives, real estate development and tourism investment projects in Qatar, Iraq, and the Maldives, and the specialized contracting sector in Qatar, Saudi Arabia, Iraq, Algeria, and Syria. (QNA)