Another sign of Malaysia’s prominent position in digitisation in financial services products is the launch on 10 September 2020 of the Digital Skim Rumah Pertamaku (Digital SRP), the country’s first…
Emirates Islamic Bank (EIB), rated A+ (stable) by Fitch Ratings, successfully closed the issuance of its latest Sukuk offering in September 2020 - a benchmark US$500 million 5-year Sukuk Wakala,…
The Saudi Electricity Company (SEC), the largest electricity utility company in the Middle East & North Africa (MENA) region, successfully completed a US$1.3 dual tranche fixed rate Reg S Senior…
Exactly one year ago, on 22 September 2019, more than 130 banks in the presence of the UN Secretary General signed the first-ever global sustainability framework for the banking industry:…
True to its Sukuk issuance calendar for 2020, the National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in…
SMEs may face challenges of scale but, as the backbone of economies, they are well positioned to show the way forward in sustainable and responsible practices. COVID-19 has unveiled the…
Bank Consortium Arranges US$2bn Debut Hybrid Murabaha/Conventional Financing Facility for EgyptDubai – A consortium of banks have arranged a US$2 billion hybrid Conventional and Islamic Syndicated Term Facility for the…
Masraf Al Rayan, the second largest Islamic bank in Qatar in terms of assets, successfully closed its latest Sukuk issuance in August 2020 – a benchmark fixed rate Regulation S…
The Turkish Treasury & Finance Ministry, beleaguered by the country’s deteriorating fiscal and macro-economic fundamentals on the back of the impact of COVID-19, continued to tap the domestic Sukuk and…
