Kuwait’s Warba Bank Successfully Closed its Debut US$500mn Sustainability Sukuk Wakalah/Murabaha in July 2024 – the First Sustainable Sukuk to be Offered Out of Kuwait.Kuwait’s Warba Bank closed its latest…
Sharjah Islamic Bank Returns to Global Market After an Absence of 4 Years with Benchmark US$500mn Sukuk Ijara/Murabaha IssuanceSharjah Islamic Bank (SIB), one of the first mover banks to issue…
Energy Development Oman (EDO) Returns to the Global Sukuk Market with Second Benchmark US$750mn Fixed Rate Sukuk Ijara/Murabaha Issuance in Nine MonthsLess than a year after its debut US$1bn Sukuk…
MENA Investors Dominate Subscription to Sovereign Indonesia’s Latest 3-Tranche US$2.35bn Global/Green Sukuk Wakalah OfferingThe Government of Indonesia, a proactive issuer of Green Sukuk offerings, returned to the international market in…
Trade Electronic Intermediation Leader DDCAP Group Accorded Malaysia Digital (MD) Status by Minister of Digital Malaysia as UK Investments in the Country’s Digitalisation Ecosystem GrowsKuala Lumpur – The DDCAP Group…
Saudi NDMC Raises a Staggering SAR67.40bn (US$17.97bn) in the Saudi Riyal-denominated Market Through Two Sukuk Transactions in the Last Two Weeks of May 2024 as Sukuk Gathers Greater Momentum Given…
Malaysian PM Anwar Ibrahim Proposes Wide-ranging Reforms and Initiatives in New Sukuk Structures, Islamic Trade and Social Finance to Promote Inclusive and Sustainable Growth, Good Governance to Restore Confidence and…
UAE Government Domestic Treasury T-Sukuk Auction in May Raises AED1.1bn (US$300mn) as Total Volume of Issuances for 2024 to Date Reaches AED6.1bn (US$1.7bn) Buoyed by Strong Investor Demand The dirham-denominated…
Emirates Islamic Returns to International Sukuk Market in May 2024 with Maiden 5-Year US$750mn Sustainability Sukuk as Momentum of Such Offerings Gathers PaceEmirates Islamic, one of the leading Islamic financial…
Robust Demand for Saudi Arabia’s A-Rated US$5bn Sovereign Sukuk Underlines Kingdom’s Pre-eminence as a Public Debt Sukuk IssuerThe National Debt Management Centre (NDMC) of the Saudi Ministry of Finance successfully…