Recognition of the strong disciplined financial strategy, execution capability, and the confidence that global investors place in the Company
Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s leading vertically integrated real-estate development groups, has been awarded CEEMEA (Central and Eastern Europe, Middle East, and Africa) Corporate Bond Issuance of the Year for its $500m, 5-year 2030 Sukuk by GlobalCapital, a globally respected authority on international debt capital markets. The award was made as part of GlobalCapital’s announcement of the 2025 year-end Emerging Markets Bond Deals of the Year.
The award recognises the outstanding execution, strong investor demand, and overall market impact of Binghatti Holding’s Sukuk issuance, which stood out among all corporate bond and sukuk transactions across the Central and Eastern Europe, Middle East and Africa (CEEMEA) region during the award period.
The 2030 Sukuk, which was listed in August 2025 on Nasdaq Dubai and the London Stock Exchange, attracted significant international investor interest and was substantially oversubscribed, reflecting robust confidence in Binghatti Holding’s credit fundamentals, vertically integrated business model, and long-term growth strategy. The transaction further reinforced Binghatti’s position as a leading repeat issuer in the international Islamic capital markets.
GlobalCapital’s Bond Awards are among the most prestigious in global fixed income markets and are determined by votes from market participants, including institutional investors, banks, issuers, and advisers. As such, the award represents direct recognition from the broader capital-markets community.
Commenting on the award, Katralnada Binghatti, Chief Executive Officer of Binghatti Holding said: “This recognition from GlobalCapital is a strong endorsement of our disciplined financial strategy, execution capability, and the confidence that global investors place in Binghatti Holding. The success of our 2030 Sukuk reflects the resilience of our business model and our continued commitment to maintaining strong access to international capital markets.”
Shehzad Janab, Chief Financial Officer, Binghatti Holding, commented:
“This award underscores the credibility we have built with global fixed-income investors through consistent execution, transparency, and prudent capital management. The strong demand for our 2030 Sukuk reflects confidence in our cash-flow visibility, vertically integrated cost structure, and proactive approach to balance-sheet management. As a repeat issuer, we view access to diversified and competitively priced funding as a strategic advantage, and this recognition further strengthens our positioning for future capital-markets activity.”
This award winning 2030 5-year Sukuk was part of three successful sukuk issuances, under Binghatti Holding’s USD 1.5 billion Trust Certificate Issuance Programme. The most recent was a US$ 500 million 3-year Green Sukuk, dual-listed in October 2025, with proceeds dedicated to financing sustainable developments under its Green Financing Framework. Together, these three issuances have diversified Binghatti’s investor base, enhanced liquidity, and reinforced its reputation as a credible corporate issuer. The company is rated Ba3 by Moody’s and BB- by Fitch, both with stable outlook.
Also in October, Binghatti Holding announced record financial results for the nine months ended 30 September 2025, underlining the company’s strong sales and execution across a diversified project base. Revenue nearly tripled year-on-year to AED 8.96 billion, compared with AED 3.77 billion in the same period last year, driven by strong sales momentum, accelerated project handovers, and the continued success of its optimally diversified portfolio.
Net profit increased 145% year-on-year to AED 2.66 billion, reflecting robust operating leverage, efficient execution, and effective cost control. The Group continues to operate with strong margins; gross margin of 44%, EBITDA margin of 37%, and net margin of 30%, positioning Binghatti amongst the most efficient and profitable developers in the region.
