Debutante Issuer, Energy Development Oman, Successfully Closes Impressive Maiden US1bn Hybrid Ijarah/Murabaha Sukuk Issuance with Over Five Times Oversubscription For a Sukuk issuance debutante, Energy Development Oman (EDO), the sultanate’s…
Sovereign Sukuk – Emirate of Sharjah US$750m SukukGovernment of Sharjah Returns to International Sukuk Market with Benchmark 10.5 Year Reg S US$750m Murabaha/Ijara Sukuk The Government of Sharjah, through its…
Islamic Development Bank Raises US$1.75bn Through its Second 5-Year Public Sukuk Issuance in 2023 Based on the Secured Overnight Financing Rate (SOFR) Mid-Swap Benchmark The Islamic Development Bank (IsDB), the…
David Testa, Executive Director of DDCAP Group™, was pleased to attend the formal launch of the IIFM Sukuk Report and to be a panellist discussing ‘Sustainable Development Goals and the…
International Finance Corporation Extends Maiden US$50m Murabaha Financing Facility to ADIB Egypt to On-lend to Local MSMEs, Corporates and to Fund Islamic Mortgages in Egypt Cairo – The International Finance…
Saudi NDMC Domestic Sovereign Sukuk Momentum Continues with Closure of SAR6.1bn (US$668.5m) of Sukuk Issuances in July and August 2023, as Aggregate Issuance Tops a Staggering US$22.5bn in the January-August…
First Abu Dhabi Bank Revives Green Sukuk Issuance with Maiden AED1.3bn (US$350m) Offering in July 2023 Green Sukuk issuance continues to gain traction in the international market albeit the volume…
The GCC’s Largest Integrated Dairy and Food Producer and Exporter Almarai Company Returns to International Market with Benchmark US$750m Senior Murabaha/Ijarah Sukuk The Saudi-based Almarai Company, the largest integrated dairy…
Saudi Residential Property Developer Dar Al Arkan (DAAR) Taps International Sukuk Market with Benchmark US$600m Sukuk Offering in July 2023 The Dar Al Arkan Real Estate Development Company (DAAR), the…
Türkiye Treasury Consolidates Fixed Rate Sukuk Al-Ijarah Issuances Through Three Transactions in July and August 2023 in the Domestic and International Markets Raising an Aggregate US$1.31bn on the Back of…