Aldar Sukuk No.2 Ltd, founded in Abu Dhabi, is a specialized company dedicated to issuing Sukuk, or Islamic bonds, aimed at facilitating investment in Sharia-compliant projects. The company operates under Aldar Properties, a leading real estate developer in the United Arab Emirates, focusing on providing retail investors with access to innovative financial solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ALDAR 3.88% 2029-10-22 USDAldar Sukuk No.2 Ltd | Cayman Islands | 2029-10-22 | 3.875 | 4.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Aldar Sukuk No.2 Ltd has been pivotal in launching several significant Sukuk issuances, helping to support various development projects within Abu Dhabi. Notably, their debut Sukuk in 2014 raised substantial capital for Aldar's ongoing real estate ventures. The firm’s recent issuances have demonstrated competitive yields, attracting investors in an evolving market, while features such as profit-sharing based on asset performance underscore their unique investment appeal.