The company "Adnok Murban Sukuk Limited," a subsidiary of "National Oil Company Abu Dhabi" (Adnok), has successfully released its first debut of Islamic obligations (sukuk), compliant with the principles of Sharia. The goal of the issuance is to attract long-term financing on international financial markets under the international sukuk program.
The organization responsible for the sukuk is "Adnok Murban RSS Limited," fully owned by "Adnok." The obligations were issued on the international financial market of the London Stock Exchange for a total amount of 1.5 billion dollars. The maturity date of the obligations is May 6, 2035, with an annual interest rate of 4.75%, payable semi-annually.
