NEWS in BRIEF
NEWS in BRIEFAl Rajhi Bank’s SAR3bn (USD800mn) Murabaha Facility for PIF-affiliated Bahri Underpins Close Synergy Between Corporates and Islamic Banks Riyadh – The synergy and collaboration between Saudi corporates and…
Sovereign Domestic Sukuk – Saudi Arabia
NDMC Starts 2025 with a SAR3,723.5mn (USD992.76mn) 4-trance Sukuk Offering and Further Secures a USD2.5bn (SAR9.4bn) Murabaha Revolving Credit Facility to Help Meet the Kingdom’s 2025 Budgetary RequirementsThese are exciting…
Sovereign Domestic Sukuk – UAE Treasury T-Sukuk
UAE Government Domestic Treasury T-Sukuk Momentum Continues in 2025 with First Auction on 21 January Raising an Aggregate AED1.1bn (USD300mn) Abu Dhabi – The dirham-denominated Islamic Treasury Sukuk (T-Sukuk) first…
Bank Sukuk – Riyad Bank SAR2bn AT1 Capital Sukuk
Riyad Bank Issues Perpetual SAR2bn (USD530mn) Benchmark Additional Tier 1 Capital Sukuk Offering Through a Private Placement to Boost its Capital Under Basel III RequirementsAnother Saudi bank which raised funds…
Bank Sukuk – Bank AlJazira SAR1bn AT1 Capital Sukuk
Bank Al Jazira Taps Local Market for a Perpetual SAR1bn (USD270mn) Additional Tier 1 Capital Sukuk Offering Through a Private Placement to Boost its Capital under Basel III Bank Al…
Bank Sukuk – BSF US750mn Senior Unsecured Sukuk Wakala/Murabaha
BSF 5-Year USD750mn Sukuk Wakala/Murabaha Secures Huge Investor Demand With a 5x Oversubscription and ‘the Tightest Credit Spread for a Saudi Bank Issuer Ever’Banque Saudi Fransi (BSF), a regular issuer…
Bank Sukuk – FAB USD600MN Senior Unsecured Sukuk Wakala/Murabaha
FAB Closes 4th Annual Consecutive Offering in the International Market with a USD600mn Benchmark Sukuk Wakala/Murabaha January is usually the month when Islamic banking majors scramble to access the international…
Sovereigns – Kingdom of Bahrain USD1.25bn Sukuk Wakala/Murabaha/Ijara
Kingdom of Bahrain Returns to International Financial Market with 7-Year USD1.25bn Sukuk Wakala/Murabaha/Ijara Issuance The Kingdom of Bahrain acting through the Ministry of Finance and National Economy, is the latest…
Bank Sukuk – KFH USD1bn Senior Unsecured Sukuk Wakala/Murabaha
KFH Leverages First Mover Advantage to Issue First USD Global Sukuk of 2025, a USD1bn Sukuk Wakala/Murabaha Offering with a 5-Year Tenor Kuwait Finance House (KFH), the second oldest commercial…
Bank Sukuk – Al Rajhi Bank USD1.5bn Additional Tier 1 Capital Perpetual Sustainable Sukuk Wakala/Mudaraba
Al Rajhi Bank Successfully Closes its Second USD1.5bn AT1 Sustainable Sukuk Wakala/Mudaraba in a Year to Boost its Tier 1 Capital and Financing Under its Sustainable Finance Framework Al Rajhi…