IsDB mobilizes $1.2bn from capital markets with second public sukuk issuance of 2025 - Daily Trust

IsDB mobilizes $1.2bn from capital markets with second public sukuk issuance of 2025 - Daily Trust

The Islamic Development Bank (IsDB) has mobilized USD 1.2 billion through a benchmark Sukuk issuance in the capital markets. The transaction was successfully issued amidst a volatile market period, demonstrating IsDB’s long standing presence and strength in the US$ Sukuk market. The Bank, rated Aaa/AAA/AAA by S&P, Moody’s and Fitch (all with Stable Outlook) priced the 5-year Trust Certificates under its US$25 billion Trust Certificate Issuance P…