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Islamic finance case study: Etihad Airways tackles carbon emissions
Linking sukuk terms to airline’s carbon reduction targets
4 Oct 2021 | The Asset

 

Despite the uncertain market environment in the aviation sector, UAE national airline, Etihad Airways decided to be bold. Looking to take part in the global effort to reduce carbon emissions, the airline executed a US$600 million ijara transition sukuk, the first its kind in the aviation sector.

Etihad Airways’ US$600 million transition ijara sukuk and concurrent tender offer wins Deal of the Year in the Best in Sustainable Finance category and Deal of the Year, UAE at The Asset Triple A Islamic Finance Awards 2021.

For more information about the awards please click here

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