Saudi NDMC Issues Second Consecutive Monthly Domestic Sukuk with SAR3,160m (US$842.47m) Offering in February as Total for First Two Months 2021 Tops SAR11,216m (US$2,990.23m)

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) continued its consecutive monthly issuances of Riyal-denominated sovereign Sukuk with a two-tranche SAR3,160 million (US$842.47 million) offering…

Continue ReadingSaudi NDMC Issues Second Consecutive Monthly Domestic Sukuk with SAR3,160m (US$842.47m) Offering in February as Total for First Two Months 2021 Tops SAR11,216m (US$2,990.23m)

‘Big Three’ Rating Agencies See Noticeable Increase in Islamic Finance Assets and Uptake in Africa in 2021 as South Africa Confirms Intention to Issue Debut Rand Sukuk

“Following a successful issuance in global capital markets in 2014, the National Treasury will issue a domestic rand-denominated Islamic Sukuk in 2021/22 to diversify funding sources and reach new investors,”…

Continue Reading‘Big Three’ Rating Agencies See Noticeable Increase in Islamic Finance Assets and Uptake in Africa in 2021 as South Africa Confirms Intention to Issue Debut Rand Sukuk

Islamic Financial Institutions Launch Innovative Additional Measures in Mitigating COVID-19 Disruption Including Customer Debt Write-offs and Healthcare-related Investment Notes

Sometimes adversity brings out the best in society. The health, economic and social impact of COVID-19 has been painful for all countries. Governments have responded with rescue packages and with…

Continue ReadingIslamic Financial Institutions Launch Innovative Additional Measures in Mitigating COVID-19 Disruption Including Customer Debt Write-offs and Healthcare-related Investment Notes

Turkish Treasury Raises US$1.2bn Through Local Sukuk Issuances in February 20321 as Participation Banking Assets Reach 7.1% Market Share

It seems that participation (Islamic) banking in Turkey is getting a second wind in terms of government policy and support which augurs well for the industry in the Middle East,…

Continue ReadingTurkish Treasury Raises US$1.2bn Through Local Sukuk Issuances in February 20321 as Participation Banking Assets Reach 7.1% Market Share

REPORT ANOUNCEMENT – ISLAMIC FINANCE AND THE PRINCIPLES FOR RESPONSIBLE INVESTMENT – 24th March 2021

"DDCAP Group Showcased in Pioneering Global Responsible Investment Report.” UK – 24th March 2021, DDCAP Group has welcomed the launch of a new global report looking at responsible investment. The…

Continue ReadingREPORT ANOUNCEMENT – ISLAMIC FINANCE AND THE PRINCIPLES FOR RESPONSIBLE INVESTMENT – 24th March 2021

PRESS RELEASE – Strategic Partnership between Cambridge IFA and DDCAP Group™ Renewed – 17th March 2021

London, March 15, 2021Professor Humayon Dar, Executive Chairman of Cambridge IFA and Director General of Cambridge Institute of Islamic Finance, recently announced that Cambridge IFA and DDCAP GroupTM (DDCAP) will…

Continue ReadingPRESS RELEASE – Strategic Partnership between Cambridge IFA and DDCAP Group™ Renewed – 17th March 2021

PRESS RELEASE – Murex and DDCAP Group™ Announce Platform Integration, Facilitating Transactions for Islamic Financial Market Participants – 11th March 2021

Murex and DDCAP Group™ Announce Platform Integration, Facilitating Transactions for Islamic Financial Market Participants Partnership Streamlines Automated Bookings, Processing for Rapidly Extending Market Footprint Across Middle East and Southeast Asia…

Continue ReadingPRESS RELEASE – Murex and DDCAP Group™ Announce Platform Integration, Facilitating Transactions for Islamic Financial Market Participants – 11th March 2021

NEWS in BRIEF

Malaysia’s Mortgage Securitiser Cagamas Starts 2021 with Four-Tranche RM710m (US$176.2m) Hybrid Sukuk/Bond Offerings to Fund Purchases of Housing and Commercial MortgagesKuala Lumpur – Cagamas Berhad, the National Mortgage Corporation of…

Continue ReadingNEWS in BRIEF

Saudi NDMC Starts 2021 with SAR2,955m (US$788.85m) Domestic Sukuk in January Following on From a Record SAR85bn (US$22.64bn) Domestic Sukuk Issuance Programme in 2020

The sustainability of and commitment to using domestic Sukuk as a public debt finance instrument was reinforced in January 2021 when the National Debt Management Centre (NDMC) of the Saudi…

Continue ReadingSaudi NDMC Starts 2021 with SAR2,955m (US$788.85m) Domestic Sukuk in January Following on From a Record SAR85bn (US$22.64bn) Domestic Sukuk Issuance Programme in 2020