Saudi Arabia returned to the international Sukuk market in October 2022 with its first US dollar-denominated issuance of the year. The National Debt Management Centre (NDMC) of the Saudi Ministry…
Whether it is because COP27 recently convened in Egypt and COP28 is scheduled to be hosted by Abu Dhabi/UAE in 2023, both Member States of the Islamic Development Bank (IsDB),…
DDCAP Group™ (“DDCAP”) is honoured to have been awarded the Best Islamic Fintech Solution Provider at the MEA Finance Awards 2022 for its proprietary trade and post trade services platform…
DDCAP Group™ (“DDCAP”) is honoured to have been awarded Best Interbroker for Islamic Transactions in the IFN 2022 Service Provider Awards. In formally announcing this accolade on 11th October 2022, IFN…
Al Rajhi Bank Concludes 3-year dual tranche US$1bn Sustainability Commodity Murabaha Facility, the Largest Shariah-compliant ESG Syndication in the Middle East to DateJeddah – Al Rajhi Bank, one of the…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) Saudi Arabia continued its consecutive monthly Sukuk issuance under its Saudi Riyal-denominated Sukuk Issuance Programme with two…
Despite the difficult prevailing global economic and geopolitical conditions and the rise in commodity prices especially oil, gas and palm oil, the global Sukuk market has shown its resilience by…
The Saudi National Bank (SNB) (formerly National Commercial Bank (NCB) the largest bank in the Kingdom in terms of assets, returned to the international market with a Saudi-Riyal denominated Additional…
As the world moves towards the UN Conferences of the Parties (COP) 27 in Sharm El Sheikh in Egypt in November 2022, the global narrative including for the finance and…
Further signs of the proliferation of FinTech in the Saudi financial and payments sector are the licensing of several more such companies in August and September 2022 by the Saudi…