Middle East’s best Islamic real estate deal 2026: ADIB; Emirates Islamic
Eagle Hills’ inaugural syndicated financing delivered a bold $1 billion injection of Shariah-compliant liquidity into the Gulf’s property market. The debut not only underscored the company’s growing capital requirements as it scales projects in the Gulf Cooperation Council (GCC), Central and Eastern Europe (CEE) and Africa, but also signalled lenders’ confidence in its expansion strategy.
Structurally, the financing breaks new ground for the borrower. It is built as a dual-tranche, dual-currency facility – denominated in both UAE dirhams and US dollars – and combines an unsecured conventional tranche with an Islamic tranche arranged on a long/periodic commodity murabaha basis.
