Dar Al Arkan Real Estate Development Company, the leading and largest publicly listed Saudi Arabian residential property developer, successfully closed its latest Sukuk offering – a 7-Year US$400 million (SR1.5…
Saudi Arabia’s Riyad Bank successfully issued its latest offering – a Tier II US$1.5 billion Sukuk on 18 February 2020. The Sukuk was issued under Riyad Bank’s US$3 billion Trust…
The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the OIC countries, successfully priced its largest Sukuk issuance ever, raising US$2 billion in 5-year Trust Certificates in March…
DDCAP Group (“DDCAP”) is continually monitoring developments related to the global outbreak and spread of the Coronavirus (COVID-19) and responding to them.Founded more than twenty years ago, we are a…
On 13 February 2020, around 30 academics, economists, lawyers, Sharia’a scholars and other Islamic finance industry practitioners were invited to the School of Oriental and African Studies (SOAS) University of…
DDCAP was recently invited to participate in a Forum at the Ritz Carlton Hotel in Dubai, jointly hosted by Deloitte and the Islamic Development Bank (IsDB), aimed at engaging industry…
DDCAP’s Regional Director, Cassim Docrat, attended the Islamica 500 reception and award ceremony recognising the Top 50 leaders that have shown exceptional leadership in developing the Islamic economy. The reception…
ICIEC-led Promoters Launch Co-Guarantee Platform for Africa (CGPA) to Increase the Volume of Insurance and Guarantee Solutions for Project Sponsors and their Bankers Jeddah – Shariah-compliant export credit and investment…
Bahrain-based GFH Financial Group, formerly Gulf Finance House, successfully priced a US$300 million Sukuk Wakala/Tawarruq on 22 January 2020. The Sukuk, which has a tenor of 5 years and matures…
The Debt Management Office (DMO) of the Saudi Ministry of Finance (MoF) started the year 2020 in a buoyant mood with a SR6.72 billion (US$1.79 billion) domestic Sukuk offering on…