• Mashreq successfully completes its inaugural Sukuk issuance under the US$ 2.5 billion Trust Certificate Issuance Programme
• Marks the first public issuance from the CEEMEA region since the U.S. tariffs announcement, signalling a reopening of the primary markets
• Achieves the largest orderbook in Mashreq’s history, with demand reaching US$ 2.90 billion despite heightened market volatility

Dubai, UAE, Thursday, 17^th April 2025 – Mashreq, one of the leading financial institutions in the MENA region and rated A3 (Moody’s), A (S&P) and A (Fitch), all with a stable outlook – successfully priced its debut US $ 500 million 5 year Sukuk offering with a profit rate of 5.03 percent per annum on Tuesday 15^th April 2025. The Sukuk will be rated A by S&P and will be listed on Euronext Dublin.