Read more about the article Saudi NDMC Issues Third Consecutive Monthly Domestic Sukuk with SAR7.7bn (US$2.05bn) Offering in March as Total for First Three Months 2021 Tops Record SAR18.22bn (US$5.04bn)

Saudi NDMC Issues Third Consecutive Monthly Domestic Sukuk with SAR7.7bn (US$2.05bn) Offering in March as Total for First Three Months 2021 Tops Record SAR18.22bn (US$5.04bn)

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its third consecutive monthly issuances of Riyal-denominated sovereign Sukuk with a two-tranche SAR7,673.80 million (US$2,046.11 million)…

Continue ReadingSaudi NDMC Issues Third Consecutive Monthly Domestic Sukuk with SAR7.7bn (US$2.05bn) Offering in March as Total for First Three Months 2021 Tops Record SAR18.22bn (US$5.04bn)
Read more about the article ICM Continues its Resilience and Dominance in RM3.4 Trillion Malaysian Capital Market Despite Impact of COVID-19 in 2020 Surpassing RM2.3 Trillion with 66% Market Share

ICM Continues its Resilience and Dominance in RM3.4 Trillion Malaysian Capital Market Despite Impact of COVID-19 in 2020 Surpassing RM2.3 Trillion with 66% Market Share

Despite the impact of COVID-19, the Malaysian capital market showed its resilience by registering an overall 7% growth in 2020 compared with 3% in 2019. According to the 2020 Annual…

Continue ReadingICM Continues its Resilience and Dominance in RM3.4 Trillion Malaysian Capital Market Despite Impact of COVID-19 in 2020 Surpassing RM2.3 Trillion with 66% Market Share
Read more about the article SRC Closes SAR4bn Sukuk Issuance in March to Acquire More Islamic Mortgages from the Market to Release Liquidity to Finance Kingdom’s Housing Stock and Ownership Demand and Objectives

SRC Closes SAR4bn Sukuk Issuance in March to Acquire More Islamic Mortgages from the Market to Release Liquidity to Finance Kingdom’s Housing Stock and Ownership Demand and Objectives

The Sukuk market in Saudi Arabia continued its buoyancy in First Quarter 2021 with proactive regular participation by sovereign issuers such as the National Debt Management Centre of the Ministry…

Continue ReadingSRC Closes SAR4bn Sukuk Issuance in March to Acquire More Islamic Mortgages from the Market to Release Liquidity to Finance Kingdom’s Housing Stock and Ownership Demand and Objectives
Read more about the article IsDB Issues Largest Ever US$2.5bn Sustainability Sukuk as Part of its Wide-ranging Response to COVID-19 Economic Recovery in Member Countries

IsDB Issues Largest Ever US$2.5bn Sustainability Sukuk as Part of its Wide-ranging Response to COVID-19 Economic Recovery in Member Countries

The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the OIC (Organisation of Islamic Cooperation) countries, successfully priced its first public debt issuance in 2021 – a US$2.5…

Continue ReadingIsDB Issues Largest Ever US$2.5bn Sustainability Sukuk as Part of its Wide-ranging Response to COVID-19 Economic Recovery in Member Countries
Read more about the article HM Treasury Takes Market by Surprise with Quick Turnaround of UK’s Second Sovereign STG500m Sukuk Issuance at a “Good Price for the Taxpayer”

HM Treasury Takes Market by Surprise with Quick Turnaround of UK’s Second Sovereign STG500m Sukuk Issuance at a “Good Price for the Taxpayer”

HM Treasury marched to market the UK’s second sovereign Sukuk – a 5-year benchmark STG500 million Sukuk Ijara on 25 March 2021, following an absence of 7 years from the…

Continue ReadingHM Treasury Takes Market by Surprise with Quick Turnaround of UK’s Second Sovereign STG500m Sukuk Issuance at a “Good Price for the Taxpayer”