One year on: The coalition of signatory banks and stakeholder endorsers share progress implementing the UN Principles for Responsible Banking
Exactly one year ago, on 22 September 2019, more than 130 banks in the presence of the UN Secretary General signed the first-ever global sustainability framework for the banking industry:…
Saudi Government Domestic Sukuk Issuance Rises to SAR48,083.5m (US$12,820.04m) in First Eight Months of 2020
True to its Sukuk issuance calendar for 2020, the National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in…
An Interview with Stella Cox CBE – Moving Towards Sustainability and Adopting Purposeful Technologies: How Can Businesses Adapt to the New Landscape? – Published by IslamicMarkets.com
SMEs may face challenges of scale but, as the backbone of economies, they are well positioned to show the way forward in sustainable and responsible practices. COVID-19 has unveiled the…
NEWS in BRIEF
Bank Consortium Arranges US$2bn Debut Hybrid Murabaha/Conventional Financing Facility for EgyptDubai – A consortium of banks have arranged a US$2 billion hybrid Conventional and Islamic Syndicated Term Facility for the…
Robust Investor Demand for Masraf Al Rayan’s Benchmark US$750m Sukuk Issuance
Masraf Al Rayan, the second largest Islamic bank in Qatar in terms of assets, successfully closed its latest Sukuk issuance in August 2020 – a benchmark fixed rate Regulation S…
Turkish Treasury Raises US$7.82bn Through Domestic and International Sukuk Al Ijarah Issuances from January to August 2020
The Turkish Treasury & Finance Ministry, beleaguered by the country’s deteriorating fiscal and macro-economic fundamentals on the back of the impact of COVID-19, continued to tap the domestic Sukuk and…
Malaysia’s Innovative ‘People’s’ Sukuk Prihatin Aims to Connect Citizens Contribution to COVID-19 Economic Recovery
It is unusual for a sovereign issuer to issue debt papers in the name of patriotism and nationalism. But then the COVID-19 pandemic has unleashed unusual circumstances and demands on…
Government of Dubai Returns to International Sukuk Market with a US$1bn COVID-19 Mitigation Issuance
The twin effects of the COVID-19 pandemic and the sharp decline in crude oil prices has impacted the fiscal and growth challenges in the Gulf Cooperation Council (GCC) countries. The…
GLOBAL ISLAMIC FINANCE AWARDS 2020 (“GIFA”), ISLAMABAD PAKISTAN- 14th September 2020
DDCAP Group™ is honoured and privileged to have been awarded both the 2020 GIFA Market Leadership Award (Facilitation & Support) and the Best Islamic Finance Technology Product 2020 for ETHOS…