Algeria's Groundbreaking Move: First Sovereign Sukuk Issuance Set for November
Published on: Sept. 28, 2025, 10:33 p.m. | Source: Devdiscourse
Algeria plans to launch its inaugural sovereign sukuk, valued at $2.3 billion, starting November. The initiative aims to diversify the nation's financial sources beyond oil, aligning with broader economic reforms. It solely targets Algerian investors and is backed by state-owned real estate, offering a 6% annual return over seven years.
