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Algeria , Tuesday 21 April 2026

Algeria launches first sovereign sukuk to raise $2.3bn for public projects

Published on: Thursday 29 January 2026

Algeria launches first sovereign sukuk to raise $2.3bn for public projects Algeria issued its first sovereign sukuk worth about $2.3bn to fund development projects. The 7-year sukuk offers a fixed annual return of 6%, paid as rent and tax-exempt. Authorities aim to tap ...


News source: https://www.ecofinagency.com/news/2901-52391-algeria-launches-first-sovereign-sukuk-to-raise-2-3bn-for-public-projects

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