Algiers Stock Exchange lists 'Ijarah' sovereign sukuk worth 137.4 billion DZD
The Algiers Stock Exchange has announced the official listing of 'Ijarah' sovereign sukuk, issued by the public treasury. The listed value stands at 137.4 billion DZD out of a total issuance of 296.6 billion DZD. The remaining 159.2 billion DZD was subscribed in physical form with an annual rental rate of 6 percent. Launched in January 2026, this initiative is designed to finance major public projects in infrastructure and public services. The move is part of a broader proactive approach to modernize the national financial system, diversify funding sources, and align financial tools with international standards.
