DP World Raises US$1.3bn through Sukuk and Tap Bond to Fund its Acquisitions and Ambitious Expansion Strategy

The Debt Management Office (DMO) of the Saudi Ministry of Finance continued its on-going monthly domestic sovereign Sukuk issuance in July 2019 with a three-tranche riyal-denominated offering totaling SR5.216 billion…

Continue ReadingDP World Raises US$1.3bn through Sukuk and Tap Bond to Fund its Acquisitions and Ambitious Expansion Strategy

Abu Dhabi Regulator Issues Framework for Robo-Advisers in Investment and Finance While Malaysia Prepares the Ecosystem for Digitisation and FinTech Inclusion in the Waqf Sector

Abu Dhabi Regulator Issues Framework for Robo-Advisers in Investment and Finance While Malaysia Prepares the Ecosystem for Digitisation and FinTech Inclusion in the Waqf SectorThe connectivity between Islamic finance and…

Continue ReadingAbu Dhabi Regulator Issues Framework for Robo-Advisers in Investment and Finance While Malaysia Prepares the Ecosystem for Digitisation and FinTech Inclusion in the Waqf Sector

UK Preparing to Launch Second Sterling-denominated Sukuk to Further Consolidate Britain as the Western Hub for Islamic Finance in a Post-Brexit Dispensation

UK Preparing to Launch Second Sterling-denominated Sukuk to Further Consolidate Britain as the Western Hub for Islamic Finance in a Post-Brexit DispensationBrexit or No Brexit, the UK’s Islamic finance proposition…

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Sheikh Mansour’s ESIC Maiden $600m Benchmark Sukuk is 6.2 times Oversubscribed as Investor Appetite for International Issuances Remain Unsated

Emirates Strategic Investments Company (ESIC), the Abu Dhabi-based multi-sector diversified holding company wholly-owned by Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs of Abu Dhabi,…

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Sharjah Islamic Bank Returns to Market With Debut Benchmark ATI Capital Boosting Mudaraba Sukuk With Lowest Yield in the Region since 2015

Sharjah Islamic Bank (SIB) returned to the market with its latest benchmark Sukuk issuance in the international market at the end of June 2019. The US$500 million 5.00% Perpetual Mudaraba…

Continue ReadingSharjah Islamic Bank Returns to Market With Debut Benchmark ATI Capital Boosting Mudaraba Sukuk With Lowest Yield in the Region since 2015