Read more about the article Saudi NDMC Issues Fifth Consecutive Monthly Domestic Sukuk with SAR3.53 billion (US$941.26 million) Offering in May as Total for First Five Months 2021 Tops Record SAR34.13bn (US$9.1bn)

Saudi NDMC Issues Fifth Consecutive Monthly Domestic Sukuk with SAR3.53 billion (US$941.26 million) Offering in May as Total for First Five Months 2021 Tops Record SAR34.13bn (US$9.1bn)

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its fifth consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a two-tranche SAR3.53 billion (US$941.26 million)…

Continue ReadingSaudi NDMC Issues Fifth Consecutive Monthly Domestic Sukuk with SAR3.53 billion (US$941.26 million) Offering in May as Total for First Five Months 2021 Tops Record SAR34.13bn (US$9.1bn)
Read more about the article IsDB Targets Agri-business Sector Development in African Member Countries with US$3.5bn Investment and Co-financing Arrangements with BADEA and IFAD

IsDB Targets Agri-business Sector Development in African Member Countries with US$3.5bn Investment and Co-financing Arrangements with BADEA and IFAD

The Jeddah-based Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the Muslim world, is targeting food security, agriculture, and climate action in its African member countries, who have…

Continue ReadingIsDB Targets Agri-business Sector Development in African Member Countries with US$3.5bn Investment and Co-financing Arrangements with BADEA and IFAD
Read more about the article Malaysia’s 34.2% Islamic Banking Market Share Edges Towards 50% Parity with Conventional Sector by 2030 as Sector Reinforces its Resilience and Relevance during COVID-19 Pandemic

Malaysia’s 34.2% Islamic Banking Market Share Edges Towards 50% Parity with Conventional Sector by 2030 as Sector Reinforces its Resilience and Relevance during COVID-19 Pandemic

Malaysia’s Islamic banking and Takaful industry continues its steady march towards the stated goal of the Malaysian government to achieve parity with the conventional sector in terms of 50% market…

Continue ReadingMalaysia’s 34.2% Islamic Banking Market Share Edges Towards 50% Parity with Conventional Sector by 2030 as Sector Reinforces its Resilience and Relevance during COVID-19 Pandemic
Read more about the article IsDB Notches Up Another Sukuk First With a Maiden US$400m Secured Overnight Financing Rate (SOFR)-linked Offering Through a Private Placement

IsDB Notches Up Another Sukuk First With a Maiden US$400m Secured Overnight Financing Rate (SOFR)-linked Offering Through a Private Placement

There is no doubt that the Islamic Development Bank (IsDB) is having a good year as far as its fixed income (Sukuk) issuance strategy is concerned. But it is in…

Continue ReadingIsDB Notches Up Another Sukuk First With a Maiden US$400m Secured Overnight Financing Rate (SOFR)-linked Offering Through a Private Placement
Read more about the article Indonesia Notches up Another First With Latest Three-tranche US$3bn Sukuk Offering Including the First 30-Year Green Sukuk in the World

Indonesia Notches up Another First With Latest Three-tranche US$3bn Sukuk Offering Including the First 30-Year Green Sukuk in the World

For a regular annual issuer of sovereign Sukuk, the Government of Indonesia is adept at notching up global firsts in its issuance programme and strategy. This is particularly so in…

Continue ReadingIndonesia Notches up Another First With Latest Three-tranche US$3bn Sukuk Offering Including the First 30-Year Green Sukuk in the World
Read more about the article REPORT ANNOUNCEMENT – ISLAMIC FINANCE AND THE PRINCIPLES FOR RESPONSIBLE BANKING – 10th June 2021

REPORT ANNOUNCEMENT – ISLAMIC FINANCE AND THE PRINCIPLES FOR RESPONSIBLE BANKING – 10th June 2021

Pioneering Islamic Finance and Principles for Responsible Banking Report Launched at Global Ethical Finance Summit UK – 10th June 2021, The Islamic Finance Council UK (UKIFC), in partnership with Malaysia…

Continue ReadingREPORT ANNOUNCEMENT – ISLAMIC FINANCE AND THE PRINCIPLES FOR RESPONSIBLE BANKING – 10th June 2021