Burjeel Holdings, a leading super-specialty healthcare group in the GCC, marked a major milestone on Friday with a Market Open Ceremony at the London Stock Exchange. The event celebrated the admission of the company’s inaugural $500 million Sukuk for trading on the LSE’s International Securities Market.
The ceremony was attended by Sheikh Khalid bin Saud Al Qasimi, Deputy Chief of Mission at the UAE Embassy in the UK, along with Dr. Shamsheer Vayalil, Chairman and CEO of Burjeel Holdings, members of Burjeel’s senior leadership, and representatives from the London Stock Exchange.
The listing follows the successful completion of Burjeel Holdings’ first Sukuk under its $1.5 billion Senior Unsecured Sukuk Programme. This marks the group’s debut in the international debt capital markets and is also the first Sukuk issued by a MENA healthcare provider since 2018. The transaction generated strong interest from investors, with an orderbook of $1.6 billion, representing 3.2 times oversubscription. International investors accounted for 61% of the final allocation. The Sukuk was rated BB+ by S&P Global Ratings and Ba2 by Moody’s Ratings, reflecting confidence in Burjeel’s business fundamentals and long-term growth strategy.
Proceeds from the Sukuk will be used to refinance existing debt and support Burjeel’s strategic priorities. As the group continues to expand, it remains focused on investments in advanced clinical care, medical research, education, digital transformation, and AI-enabled healthcare innovation. The issuance provides Burjeel with a stronger financial platform to drive its ambition of delivering the next generation of healthcare services.
Speaking at the ceremony, Dr. Shamsheer Vayalil said, “Today’s ceremony marks an important chapter in Burjeel Holdings’ journey. It reflects how far we have come as an organization and reinforces our commitment to building a healthcare platform that combines clinical excellence with long-term financial strength. 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.”The successful Sukuk listing highlights Burjeel Holdings’ evolving role as a global healthcare platform and reinforces its commitment to sustainable growth across the region.