Read more about the article Bank Negara Malaysia Launches Landmark Malaysia Islamic Overnight Rate (MYOR-i), the World’s First Islamic Benchmark Reference Rate

Bank Negara Malaysia Launches Landmark Malaysia Islamic Overnight Rate (MYOR-i), the World’s First Islamic Benchmark Reference Rate

Bank Negara Malaysia Launches Landmark Malaysia Islamic Overnight Rate (MYOR-i), the World’s First Islamic Benchmark Reference Rate Bank Negara Malaysia (BNM) launched the landmark Malaysia Islamic Overnight Rate (MYOR-i) on 25…

Continue ReadingBank Negara Malaysia Launches Landmark Malaysia Islamic Overnight Rate (MYOR-i), the World’s First Islamic Benchmark Reference Rate
Read more about the article DDCAP Group™ supports Boubyan Bank, Kuwait to complete its Digital Deal Automation Project

DDCAP Group™ supports Boubyan Bank, Kuwait to complete its Digital Deal Automation Project

Press Release - 31 March 2022 DDCAP Group™ supports Boubyan Bank, Kuwaitto complete its Digital Deal Automation Project Location: Kuwait City, London Through the application of our award-winning Sharia’a compliant…

Continue ReadingDDCAP Group™ supports Boubyan Bank, Kuwait to complete its Digital Deal Automation Project
Read more about the article Saudi NDMC domestic Sovereign Sukuk issuance momentum continues in February and March 2022 with an aggregate SAR23.6bn (US$6.3bn) of regular offerings and SAR26.2bn (US$6.98bn) through a standalone Sukuk to unify sovereign domestic issuances

Saudi NDMC domestic Sovereign Sukuk issuance momentum continues in February and March 2022 with an aggregate SAR23.6bn (US$6.3bn) of regular offerings and SAR26.2bn (US$6.98bn) through a standalone Sukuk to unify sovereign domestic issuances

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) Saudi Arabia issued its second and third consecutive monthly Sukuk issuance under its Saudi Riyal-denominated Sukuk Issuance…

Continue ReadingSaudi NDMC domestic Sovereign Sukuk issuance momentum continues in February and March 2022 with an aggregate SAR23.6bn (US$6.3bn) of regular offerings and SAR26.2bn (US$6.98bn) through a standalone Sukuk to unify sovereign domestic issuances
Read more about the article Nigeria scales up its Sukuk issuance policy and capacities with a debut infrastructure linked issuance by the Federal Capital Territory and an international issuance edging closer

Nigeria scales up its Sukuk issuance policy and capacities with a debut infrastructure linked issuance by the Federal Capital Territory and an international issuance edging closer

The Federal Government of Nigeria (FGN) is enhancing its Sukuk issuance policy and seems to be edging towards issuing its first offering in the international market in addition to more…

Continue ReadingNigeria scales up its Sukuk issuance policy and capacities with a debut infrastructure linked issuance by the Federal Capital Territory and an international issuance edging closer
Read more about the article Strong investor demand for Turkish Government US$3bn Sukuk Ijarah certificates in February 2022 despite Lira volatility and high national Dollar debt

Strong investor demand for Turkish Government US$3bn Sukuk Ijarah certificates in February 2022 despite Lira volatility and high national Dollar debt

The Turkish Ministry of Treasury & Finance continues to raise funds from the international markets through Sukuk issuances as part of its active but diversified public funding and debt strategy.…

Continue ReadingStrong investor demand for Turkish Government US$3bn Sukuk Ijarah certificates in February 2022 despite Lira volatility and high national Dollar debt
Read more about the article UN’s IFAD engages with IsDB Group to boost Arab African trade and investment flows in the agricultural sector and plans a greater role for Islamic development finance including a debut Sukuk

UN’s IFAD engages with IsDB Group to boost Arab African trade and investment flows in the agricultural sector and plans a greater role for Islamic development finance including a debut Sukuk

Ways to boost Arab African trade and investment and the role for Islamic finance has featured strongly in recent months. In Cairo in early March 2022 the Third Board of…

Continue ReadingUN’s IFAD engages with IsDB Group to boost Arab African trade and investment flows in the agricultural sector and plans a greater role for Islamic development finance including a debut Sukuk
Read more about the article New digital banks and Fintech licences keep the digitisation momentum going in the Islamic financial sector in Saudi Arabia, Malaysia, Indonesia and Pakistan

New digital banks and Fintech licences keep the digitisation momentum going in the Islamic financial sector in Saudi Arabia, Malaysia, Indonesia and Pakistan

Digital banks and FinTech applications and companies continue to flourish in the Islamic finance space in the first quarter of 2022. In Saudi Arabia, the Public Investment Fund (PIF), the…

Continue ReadingNew digital banks and Fintech licences keep the digitisation momentum going in the Islamic financial sector in Saudi Arabia, Malaysia, Indonesia and Pakistan
Read more about the article Saudi NDMC Kicks off 2022 Domestic Sovereign Sukuk Issuance Programme with SAR2.833bn (US$755.09m) Offering in January Auction

Saudi NDMC Kicks off 2022 Domestic Sovereign Sukuk Issuance Programme with SAR2.833bn (US$755.09m) Offering in January Auction

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) Saudi Arabia kicked off its 2022 Saudi Riyal-denominated Sukuk Issuance Programme with a two-tranche offering totalling SAR2.833…

Continue ReadingSaudi NDMC Kicks off 2022 Domestic Sovereign Sukuk Issuance Programme with SAR2.833bn (US$755.09m) Offering in January Auction