Read more about the article Saudi NDMC Issues Eighth Consecutive Monthly Domestic Sukuk in August as Total for January-August 2021 passes SAR59.55bn (US$15.87bn)

Saudi NDMC Issues Eighth Consecutive Monthly Domestic Sukuk in August as Total for January-August 2021 passes SAR59.55bn (US$15.87bn)

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its eighth consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a three-tranche SAR11,358.615 million (US$3,028.18 million)…

Continue ReadingSaudi NDMC Issues Eighth Consecutive Monthly Domestic Sukuk in August as Total for January-August 2021 passes SAR59.55bn (US$15.87bn)
Read more about the article Uzbekistan Leverages IsDB Development Funding Partnership as Template for Other Countries as Tashkent Closes in on Introducing New Legal and Regulatory Framework to Facilitate Islamic Finance

Uzbekistan Leverages IsDB Development Funding Partnership as Template for Other Countries as Tashkent Closes in on Introducing New Legal and Regulatory Framework to Facilitate Islamic Finance

It certainly helps when you host the Annual Meetings of the Islamic Development Bank (IsDB) Group and you are in the middle of an ambitious economic and socio-political reform agenda.…

Continue ReadingUzbekistan Leverages IsDB Development Funding Partnership as Template for Other Countries as Tashkent Closes in on Introducing New Legal and Regulatory Framework to Facilitate Islamic Finance
Read more about the article Robust Investor Demand Allows AUB Bahrain to Upsize Benchmark Fixed Rate US$600m Senior Sukuk as Global Issuance in 2021 Heads for Another Record Year

Robust Investor Demand Allows AUB Bahrain to Upsize Benchmark Fixed Rate US$600m Senior Sukuk as Global Issuance in 2021 Heads for Another Record Year

It is not only sovereign Sukuk issues that are keeping the momentum of Sukuk issuance in 2021, but also, multilateral, corporate and bank offerings, which thus far strongly point to…

Continue ReadingRobust Investor Demand Allows AUB Bahrain to Upsize Benchmark Fixed Rate US$600m Senior Sukuk as Global Issuance in 2021 Heads for Another Record Year
Read more about the article BNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International Settlements

BNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International Settlements

BNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International SettlementsBank Negara Malaysia (BNM), together with three other prominent banking regulatory…

Continue ReadingBNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International Settlements
Read more about the article After Record Total Offerings of US$205bn in 2020, Global Sukuk Issuances Set to Maintain its Buoyancy in 2021

After Record Total Offerings of US$205bn in 2020, Global Sukuk Issuances Set to Maintain its Buoyancy in 2021

The resilience of Sukuk issuance especially during times of crisis such as the ongoing COVID-19 pandemic, now well into its second year, continues in 2021 with total gross short and…

Continue ReadingAfter Record Total Offerings of US$205bn in 2020, Global Sukuk Issuances Set to Maintain its Buoyancy in 2021
Read more about the article Kuveyt Turk Returns to International Market with Turkey’s First-ever US$350m Sustainable Tier II Sukuk as Market Share of Islamic Finance Sector Edges Towards Eight Percent

Kuveyt Turk Returns to International Market with Turkey’s First-ever US$350m Sustainable Tier II Sukuk as Market Share of Islamic Finance Sector Edges Towards Eight Percent

Kuveyt Türk Katilim Bankasi (KTKB), the Turkish subsidiary of Kuwait Finance House and one of the largest participation banks in terms of assets, returned to the international Sukuk market in…

Continue ReadingKuveyt Turk Returns to International Market with Turkey’s First-ever US$350m Sustainable Tier II Sukuk as Market Share of Islamic Finance Sector Edges Towards Eight Percent