NEWS in BRIEF
NEWS in BRIEFIsDB Allocates USD1.15bn to Finance Phase 1 of the Climate Resilient Water Resources Development Project in KazakhstanBaku – The Islamic Development Bank (IsDB) and the Republic of Kazakhstan…
Bank Sukuk – Saudi Investment Bank USD750mn AT1 Sustainable Sukuk
Saudi Investment Bank Debuts USD750mn Additional Tier 1 Capital Perpetual Sustainable Mudaraba Sukuk in the International Market in November as Such Offerings Flourish Among Islamic Banks in 2024Saudi Investment Bank…
Bank Sukuk – GFH Financial Group USD500mn Sukuk
GFH Financial Group Returns to the International Market with a Benchmark Fixed Rate USD500mn Sukuk Murabaha/Ijara Offering Amid Strong Overseas Investor DemandGFH Financial Group, the Bahrain-based diversified financial group, successfully…
Aircraft Leasing – AerCap USD500mn Inaugural Sukuk
Global Aviation Leasing Leader, AerCap Holdings, Taps International Market with Maiden Benchmark USD500mn Sukuk Al-Ijarah to Refinance Aircraft Assets and DebtAnother sign of the widening appeal of Sukuk as a…
Multilaterals – IsDB €500mn SOFR Sustainability Sukuk
IsDB Closes its Third SOFR-linked Public Sukuk Issuance in 2024 with Hybrid €500mn (USD 527.23mn) Sukuk in October The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the…
Sovereign Wealth Funds – Türkiye Wealth Fund USD750mn Sukuk
Entry of Türkiye Wealth Fund into International Financial Market with Debut USD750mn Sukuk Al Ijarah Set to Boost Istanbul Financial Centre as a Major Regional Issuance Hub The entry of…
Sovereign Sukuk – Türkiye USD2.5bn Sukuk Al-Ijarah
Türkiye Consolidates its Position as a Serious Issuer of International Sukuk with Three Transactions in October and November 2024 Totalling USD3.46bn Sovereign Türkiye returned to the international financial market with…
Sovereign Sukuk – Indonesia USD2.75bn Sukuk Wakala
Indonesia Returns to International Market with Second Sukuk Wakala Offering Totalling USD2.75bn in 2024The Republic of Indonesia, one of the most proactive Sukuk issuers in both the international and domestic…