Read more about the article ADIB Returns to the International Market with its Latest Benchmark Basel III Compliant US$750m Additional Tier-one (AT1) Perpetual Mudarabah Sukuk

ADIB Returns to the International Market with its Latest Benchmark Basel III Compliant US$750m Additional Tier-one (AT1) Perpetual Mudarabah Sukuk

Abu Dhabi Islamic Bank (ADIB), one of the largest Islamic financial institutions in the UAE and the Gulf Cooperation Council (GCC) region, successfully returned to the international market in July…

Continue ReadingADIB Returns to the International Market with its Latest Benchmark Basel III Compliant US$750m Additional Tier-one (AT1) Perpetual Mudarabah Sukuk
Read more about the article Saudi PIF’s Regional Voluntary Carbon Market Company Completes “Biggest Ever Auction” of 2.2m Carbon Credits in June 2023 with Growing Islamic Investment Participation

Saudi PIF’s Regional Voluntary Carbon Market Company Completes “Biggest Ever Auction” of 2.2m Carbon Credits in June 2023 with Growing Islamic Investment Participation

The involvement of the Islamic financial industry in the carbon credit and pricing market continues with Saudi Arabia’s Regional Voluntary Carbon Market Company (RVCMC) emerging as the most proactive by…

Continue ReadingSaudi PIF’s Regional Voluntary Carbon Market Company Completes “Biggest Ever Auction” of 2.2m Carbon Credits in June 2023 with Growing Islamic Investment Participation
Read more about the article S&P Projects Strong Islamic Finance Assets Growth in Core Markets in 2023/24 and Good Prospects for Sustainability Sukuk Albeit from a Low Base as Market Size Tops US$3tr

S&P Projects Strong Islamic Finance Assets Growth in Core Markets in 2023/24 and Good Prospects for Sustainability Sukuk Albeit from a Low Base as Market Size Tops US$3tr

The prospects for the global Islamic finance industry in 2023-2024 continue to be positive although growth dynamics continue to be concentrated in the key traditional markets. In its latest report…

Continue ReadingS&P Projects Strong Islamic Finance Assets Growth in Core Markets in 2023/24 and Good Prospects for Sustainability Sukuk Albeit from a Low Base as Market Size Tops US$3tr
Read more about the article Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of SAR4,339.37m (US$1,157.1m) Sukuk in May 2023, Amid Strong Economic Fundamentals and Prospects of Additional Sukuk Offerings in 2023

Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of SAR4,339.37m (US$1,157.1m) Sukuk in May 2023, Amid Strong Economic Fundamentals and Prospects of Additional Sukuk Offerings in 2023

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) successfully closed its fifth consecutive monthly domestic sovereign Sukuk issuance on 23rd May 2023 raising an aggregate SAR4,339.37…

Continue ReadingSaudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of SAR4,339.37m (US$1,157.1m) Sukuk in May 2023, Amid Strong Economic Fundamentals and Prospects of Additional Sukuk Offerings in 2023
Read more about the article Bahrain’s Energy Investment Holding Company nogaholding Returns to International Sukuk Market with Benchmark US$750m Hybrid Sukuk Al Ijara/Murabaha Offering

Bahrain’s Energy Investment Holding Company nogaholding Returns to International Sukuk Market with Benchmark US$750m Hybrid Sukuk Al Ijara/Murabaha Offering

The Oil and Gas Holding Company (nogaholding), the energy investment and development holding entity of the Government of Bahrain, successfully priced its latest Sukuk issuance – a benchmark US$750 million Senior…

Continue ReadingBahrain’s Energy Investment Holding Company nogaholding Returns to International Sukuk Market with Benchmark US$750m Hybrid Sukuk Al Ijara/Murabaha Offering
Read more about the article Banque Saudi Fransi Successfully Closes US$900m Wakalah- Murabaha Sukuk Issuance as Corporate and Bank Offerings Keep Market Resilience and Momentum Going in 2023

Banque Saudi Fransi Successfully Closes US$900m Wakalah- Murabaha Sukuk Issuance as Corporate and Bank Offerings Keep Market Resilience and Momentum Going in 2023

Further signs of the momentum and resilience of the Saudi corporate and bank Sukuk market is the US$900 million offering – a RegS senior unsecured Sukuk - in the international…

Continue ReadingBanque Saudi Fransi Successfully Closes US$900m Wakalah- Murabaha Sukuk Issuance as Corporate and Bank Offerings Keep Market Resilience and Momentum Going in 2023
Read more about the article First UAE AED1.1bn (US$300m) Sovereign Treasury Sukuk Attracts Robust Demand with 7 Times Oversubscription with Regular Issuances to Follow to Build Dirham Yield Curve

First UAE AED1.1bn (US$300m) Sovereign Treasury Sukuk Attracts Robust Demand with 7 Times Oversubscription with Regular Issuances to Follow to Build Dirham Yield Curve

The ringing of the market-opening bell on 15th May 2023 by UAE Minister of State for Financial Affairs, Mohamed Bin Hadi Al Hussaini, to mark the listing of the maiden…

Continue ReadingFirst UAE AED1.1bn (US$300m) Sovereign Treasury Sukuk Attracts Robust Demand with 7 Times Oversubscription with Regular Issuances to Follow to Build Dirham Yield Curve
Read more about the article Malaysian SWF Khazanah Returns to International Market After an Absence of Two Years with an Inaugural US$750m Sukuk Oversubscribed Seven Times

Malaysian SWF Khazanah Returns to International Market After an Absence of Two Years with an Inaugural US$750m Sukuk Oversubscribed Seven Times

Malaysian sovereign wealth fund (SWF), Khazanah Nasional Berhad returned to the international debt market on 25th May 2023 after an absence of two years with a dual-tranche aggregate US$1.5 billion…

Continue ReadingMalaysian SWF Khazanah Returns to International Market After an Absence of Two Years with an Inaugural US$750m Sukuk Oversubscribed Seven Times
Read more about the article Aldar Investment Properties Issues Debut Benchmark US$500m Green Hybrid Sukuk to Support its Growth Agenda and Sustain-ability Commitments to be a Net Zero Carbon Business by 2050

Aldar Investment Properties Issues Debut Benchmark US$500m Green Hybrid Sukuk to Support its Growth Agenda and Sustain-ability Commitments to be a Net Zero Carbon Business by 2050

Abu Dhabi-based Aldar Investment Properties (AIP), the largest real estate management company in Abu Dhabi and subsidiary of Aldar Properties (Aldar), is the latest corporate to issue a Green Sukuk…

Continue ReadingAldar Investment Properties Issues Debut Benchmark US$500m Green Hybrid Sukuk to Support its Growth Agenda and Sustain-ability Commitments to be a Net Zero Carbon Business by 2050