NEWS in BRIEF
NEWS in BRIEFIsDB Board Approves USD1.4bn of New Financing to Significantly Advance Progress Towards Achieving UN SDGs in 8 Member CountriesJeddah – The Board of Executive Directors of Islamic Development…
NEWS in BRIEFIsDB Board Approves USD1.4bn of New Financing to Significantly Advance Progress Towards Achieving UN SDGs in 8 Member CountriesJeddah – The Board of Executive Directors of Islamic Development…
NDMC Sustains Momentum of Saudi Riyal-denominated Market with a 4-Tranche Sovereign Sukuk Issuance Totalling SAR2.64bn (USD703.78mn) in March 2025 bringing the Q1 2025 Total to SAR9.43bn (USD2.52bn)The National Debt Management…
ANB Returns to the Sukuk Market After an Absence of Five Years with a SAR3.35bn (USD890mn) Additional Tier 1 Capital Sukuk The Saudi banking sector is a mainstay of corporate…
Emirates Islamic Returns to International Sukuk Market in March 2025 with a 5-Year USD750mn Sukuk Murabaha Offering Supported by Robust Demand from a Large New Investor CohortEmirates Islamic, one of…
Government of Ras Al Khaimah Returns to the Global Sukuk Market After an Absence of 10 Years with a USD1bn Sukuk Issue The Government of Ras Al Khaimah (RAK) returned…
Abu Dhabi Realty Developer Aldar Successfully Closes its Third Green Sustainable Sukuk in as Many Years with a 10-Year USD500mn Benchmark Sukuk Wakala/Murabaha TransactionAbu Dhabi-based Aldar Investment Properties, the largest…
IsDB Prices its First SOFR-linked Public Sukuk Issuance in 2025 with a USD1.75bn Sukuk Wakala Amid Volatile International Market Conditions The Islamic Development Bank (IsDB), the multilateral development bank (MDB)…
Pictured left to right:Astyanax Kanakakis (CEO and Co-Founder, norbloc)Callum Burgess (Director, Digital Partnerships and Business Solutions, DDCAP Group™)Stella Cox CBE, FCSI(Hon) (Managing Director, DDCAP Group™)Lawrence Oliver (Director, Deputy CEO, DDCAP…
NEWS in BRIEFMurabaha Credit Facilities Continue to Flourish as the Mainstay of Saudi Corporate Funding Primarily to Refinance More Expensive Debt and to Finance Expansion Riyadh – Big ticket Murabaha…
NDMC Sustains Unwavering Momentum of a Vibrant Saudi Riyal-denominated Market with a 4-Tranche Sovereign Sukuk Issuance Totalling SAR3,070.772mn (USD818.82mn) in February 2025 The signs of a vibrant Sukuk market are…