NEWS in BRIEF
KFH Completes Conversion of Ahli United Bank UK and Egypt to Dedicated Islamic Banks Following its Voluntary Withdrawal from the Malaysian Market in Pursuit of a New Focus on MENA…
KFH Completes Conversion of Ahli United Bank UK and Egypt to Dedicated Islamic Banks Following its Voluntary Withdrawal from the Malaysian Market in Pursuit of a New Focus on MENA…
NDMC Continues its Sovereign Domestic Sukuk Issuance Momentum in August/September 2024 with Two Auctions Raising SAR8,621.0mn (USD2,297.33mn) as Total Volume of Issuances in Reaches SAR48.84bn (US$13.015bn)Buoyed by the award in…
UAE Luxury Apartment Developer SOBHA Realty Successfully Closes USD230mn Tap Sukuk in September 2024 which will be Consolidated with its July 2023 Maiden 5-year US$300m Hybrid Wakala/Murabaha Sukuk to a…
BSF Completes Second Sukuk Offering in 2024 with SAR3bn (USD800mn) Additional Tier 1 Issuance in September 2024 Through a Private PlacementBanque Saudi Fransi (BSF), one of the largest providers of…
UAE Government Domestic Treasury T-Sukuk Auction in August Raises AED1.1bn (USD300mn) as Total Volume of Issuances for January-August Tops AED8.3bn (USD2.3bn) Due to Strong Demand Abu Dhabi – The dirham-denominated…
QIB Returns to the International Financial Market in September 2024 with Benchmark Senior Unsecured RegS US$750mn Sustainable Sukuk Wakala/Murabaha Offering Qatar Islamic Bank (QIB), the largest and oldest Islamic Bank…
September 2024, London - DDCAP Group™ (“DDCAP”) is honoured to have been awarded GIFA Market Leadership Award (Digital Sharia Compliant Asset Facilitation) 2024 and Best Islamic Finance Technology Product 2024 for…
Obituary – Wan Abdul Rahim Kamil Wan MuhammedWritten by Mushtak ParkerA Fond Farewell to IF Pioneer Wan Abdul Rahim Kamil 1949-2024Kuala Lumpur - The global Islamic finance community mourns the…
NDMC Continues its Sovereign Domestic Sukuk Issuance Momentum in July 2024 with SAR3.21bn (US$855.39mn) Offering as Aggregate Volume of Issuances Reach SAR40.2bn (US$10.7bn) in 2024 to DateThe National Debt Management…
Saudi Fintech Entity Emkan Finance Issues Second Sukuk in 2024 in August Through a Private Placement Followingits Benchmark SAR2.3bn (US$604.6mn) Senior Sukuk Mudaraba in FebruaryEmkan Finance, a leading Saudi fintech…