Aldar Investment raises $500m through an oversubscribed green sukuk

Aldar Investment Properties, a subsidiary of Aldar Properties, has raised $500m through a 10-year green sukuk, further strengthening its financial position. The issuance was oversubscribed 7.2 times, attracting orders exceeding $3.6bn, with regional and international investors accounting for 61 per cent and 39 per cent of the allocation, respectively. Priced…