GLOBAL ISLAMIC FINANCE AWARDS 2022 (“GIFA”)
DDCAP Group™ (“DDCAP”) is honoured to have been awarded the 2022 Global Islamic Finance Leadership Award (Institution) and the Best Islamic Finance Technology Product for our ETHOS AFP™ at the…
NEWS in BRIEF
Saudi Residential Property Developer Dar Al Arkan Returns to International Sukuk Market with US$400m Sukuk Offering in JulyJeddah – The Dar Al Arkan Real Estate Development Company, the leading and…
Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues in June and July 2022 with Two Auctions Raising an Aggregate SAR8,372m (US$2,228.32m) and Bringing Total Issuances in January-July 2022 to SAR85,893.82m (US$22,861.78m)
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…
Resilient Malaysian Islamic Banking Sector Continues its Growth Trajectory in 2021 and Beyond with Banking Sector Market Share Reaching 32% and Islamic Financing 43%
By all the financial metrics, the Malaysian Islamic banking sector continued to show remarkable resilience in 2021 despite the difficult local and global market and geopolitical conditions.Never mind the fact…
IsDB Boards Approve US$10.54bn New Food Security Response Programme Package to Support Ongoing Food Crisis and Future Food Security in Member States
The Board of Executive Directors of the Islamic Development Bank (IsDB), the Islamic Solidarity Fund for Development (ISFD), and the Islamic Corporation for the Insurance of Investment and Export Credit…
Bahri and SAIB Return to Sukuk Market with Two Offerings in June/July 2022 Raising an Aggregate SAR5.9bn (US$1.57bn)
Sukuk issuance momentum in the Saudi Arabian corporate sector continued in June and July 2022, despite the Eid and Hajj break in early July, underlining the fact that Sukuk issuance…
Sovereign Indonesia Issues its Largest-ever Regular Annual International Sukuk Wakalah with a Two Tranche US$3.25bn Offering Including a US$1.5bn Green Sukuk
For a regular annual proactive issuer of sovereign Sukuk, the Government of Indonesia is adept at notching up global firsts in its issuance programme and strategy. This is particularly so…
NEWS in BRIEF
IsDB Board Approves US$176.1m of New Financing for Key Development Projects in Four African Member StatesSharm El Sheikh – The Board of Executive Directors of the Islamic Development Bank (IsDB),…
Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues in April and May 2022 with Two Auctions Raising an Aggregate SAR24.94bn (US$6.65bn) and Bringing Aggregate Issuances in January-May 2022 to SAR51,321.42m (US$13,684.55m)
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…
Malaysian ICM Continues its Resilience and Dominance with 65% Market Share in 2021 on the Back of Strong Market Capitalisation and Sukuk Outstanding
The Malaysian Islamic Capital Market (ICM) continued its resilience and dominance of the overall domestic capital market in 2021 despite the ongoing economic and fiscal impact of the COVID-19 pandemic…