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Dubai’s DIFC Completes $700 Million Sukuk Repayment on Schedule

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George Charles Darley-Doran

George Charles Darley, a freelance journalist and consultant, with work in 30+ languages.
  • DIFC’s Sukuk repayment showcases Dubai’s financial strength
  • Strategic investment supports DIFC’s role as MEASA’s finance hub

Dubai International Financial Centre (DIFC) today announced the full redemption and on-schedule repayment of a US$700 million Sukuk issued in 2014. DIFC Investments, the financial arm of DIFC, raised the Sukuk to fund the construction of Gate Avenue, a retail destination, alongside expansions in the Centre’s real estate infrastructure.

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