Sukuk holdings
Sukuk backing the protocol · custodied at First Abu Dhabi Bank
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Sukuk holdings Custodied at First Abu Dhabi Bank
IssuerCountryTypeGradeAPRDefault risk
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Grades are S&P / Fitch-style ratings for the underlying issuers. Exposure amounts scale with live vault TVL.
Sovereign vs corporate ≈17% / 83%
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Country concentration Five GCC members
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Grade distribution Investment grade, BBB-weighted
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Maturity ladder 2027–2034
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What the grades mean S&P / Fitch long-term issuer scale · 1-yr default rate
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1-yr default
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Investment grade: AAA to BBB Speculative grade: BB and below