Burjeel Holdings, a leading super-specialty healthcare group in the GCC, today celebrated the Market Open Ceremony at the London Stock Exchange (LSE), marking the admission of its inaugural US$ 500mn Sukuk to trading on the International Securities Market (ISM).
The ceremony was held in the presence of HE Sheikh Khalid Bin Saud Al Qasimi, Deputy Chief of Mission at the UAE Embassy in the UK; Dr. Shamsheer Vayalil, Chairman and CEO, Burjeel Holdings; alongside Burjeel Holdings’ leadership and representatives of the London Stock Exchange.
The market open follows the successful completion of Burjeel Holdings’ inaugural Sukuk under its US$ 1.5bn billion Senior Unsecured Sukuk Programme, marking the Group’s first entry into the international debt capital markets.
Significant milestone
The transaction, which attracted strong participation from international and regional institutional investors, also represents the first Sukuk issued by a MENA healthcare provider since 2018 and another significant milestone in Burjeel’s evolution as a global healthcare platform.
The proceeds from the Sukuk will support refinancing existing debt and the Group’s strategic priorities. As Burjeel continues to invest in advanced clinical care, research, medical education, digital transformation and AI-enabled healthcare innovation, this milestone supports its ambition to power the next generation of healthcare.
“As we continue to grow across the region, this milestone provides a stronger foundation to invest in our people, expand specialized healthcare services, and advance research, education and innovation for the benefit of the communities we serve,” assured Dr. Shamsheer Vayalil.
