109 Days
Source:
وكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
109 Daysوكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
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A report from Sustainable Fitch stated that Qatar International Islamic Bank successfully issued sustainable Sukuk in January 2024, with all proceeds of $750 million fully allocated to support environmental and social projects and initiatives within Qatar. The total funding designated for this purpose amounted to 2,852.4 million Qatari Riyals (approximately $784 million), distributed across sectors such as green buildings (54.4%) and basic services (22.5%). The CEO of Islamic Finance noted that this achievement reflects the bank’s commitment to sustainability in accordance with global principles and markets for sustainable finance. It also enhances the bank’s position as a leading institution in environmental and green Islamic banking.
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