NEWS in BRIEF
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…
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…
UAE Government Domestic Treasury T-Sukuk Momentum Continues in 2025 with Second Consecutive Auction on 25 February Raising an Aggregate AED1.1bn (USD300mn) Abu Dhabi – The dirham-denominated Islamic Treasury Sukuk (T-Sukuk)…
Regular Issuer Sharjah Islamic Bank Returns to International Market with Benchmark Senior Unsecured 5-Year US$500mn Sukuk Murabaha/Ijara Issuance to Successfully Close its 10th Sukuk Transaction to DateSharjah Islamic Bank (SIB),…
Tabreed Returns to the International Sukuk Market after Absence of 7 Years with Landmark USD700mn Murabaha/Ijara Green Sukuk as Demand for Cooling Services Rises in UAE and BeyondDubai-based The National…
Dubai Luxury Real Estate Developer DAMAC Successfully Closes its Latest Sukuk Issuance in the International Market with a US$750mn 3.5-year Senior Unsecured Sukuk in February 2025 DAMAC Real Estate Development…
Bahrain’s Bapco Energies Limited Returns to International Sukuk Market with Benchmark US$1bn Hybrid Sukuk Murabaha/Ijara Offering with a 10-Year Tenor in January 2025 Bapco Energies BSC (formerly The Oil and…
PIF Islamic Mortgage Securitisation Subsidiary Saudi Real Estate Refinance Company (SRC) Completes Pricing of its Inaugural Government-Guaranteed US$2bn International Sukuk OfferingAnother major new debutant in addition to Ma’aden to the…
Debutant Saudi Mining and Minerals Giant Ma’aden Closes Inaugural USD1.25bn Sukuk Murabaha/Ijara as Kingdom Seeks the Sector to Contribute USD75bn to National GDP by 2035 A major new debutant to…
Saudi State Electricity Utility SEC Returns to the International Market with a 2-Tranche Aggregate USD2.75bn Murabaha/Ijara Offering Including a USD1.25bn 10-Year Green Sukuk The state-owned Saudi Electricity Company (SEC) retuned…