NEWS in BRIEF
IsDB Board Allocates US$368.98mn of New Financing for Sustainable Development Projects in Türkiye, Turkmenistan, and Suriname Targeting Education, Power Transmission and Oncology SectorsJeddah – The Board of Executive Directors of…
Sovereign Domestic Sukuk – Saudi Arabia
NDMC Continues its Sovereign Saudi Riyal Sukuk Issuance Momentum in July 2024 with Latest SAR4.414bn (US$1.176bn) Transaction as Primary Dealer Network is Expanded to Ten Local, and Five International Financial…
Bank Sukuk – Warba Bank US$500mn Sustainability Sukuk
Kuwait’s Warba Bank Successfully Closed its Debut US$500mn Sustainability Sukuk Wakalah/Murabaha in July 2024 – the First Sustainable Sukuk to be Offered Out of Kuwait.Kuwait’s Warba Bank closed its latest…
Bank Sukuk – Sharjah Islamic Bank US$500mn Sukuk Ijara
Sharjah Islamic Bank Returns to Global Market After an Absence of 4 Years with Benchmark US$500mn Sukuk Ijara/Murabaha IssuanceSharjah Islamic Bank (SIB), one of the first mover banks to issue…
Quasi-Sovereign Sukuk – EDO US$750mn Sukuk Ijara/Murabaha
Energy Development Oman (EDO) Returns to the Global Sukuk Market with Second Benchmark US$750mn Fixed Rate Sukuk Ijara/Murabaha Issuance in Nine MonthsLess than a year after its debut US$1bn Sukuk…
Sovereign Sukuk – Indonesia US$2.35bn Sukuk Wakalah
MENA Investors Dominate Subscription to Sovereign Indonesia’s Latest 3-Tranche US$2.35bn Global/Green Sukuk Wakalah OfferingThe Government of Indonesia, a proactive issuer of Green Sukuk offerings, returned to the international market in…