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

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

Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of SAR2,471m (US$658.9m) Sukuk in April 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 fourth consecutive monthly domestic sovereign Sukuk issuance on 11th April 2023 raising an aggregate…

Continue ReadingSaudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of SAR2,471m (US$658.9m) Sukuk in April 2023, Amid Strong Economic Fundamentals and Prospects of Additional Sukuk Offerings in 2023

Public Investment Fund’s HPDC and IsDB Target Projected US$4.6 trillion Global Halal Market Through Joint Projects and Investments in the Kingdom and OIC Member States

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), continues to consolidate its investment involvement with the local and global Halal economy since the launching of the Halal Products…

Continue ReadingPublic Investment Fund’s HPDC and IsDB Target Projected US$4.6 trillion Global Halal Market Through Joint Projects and Investments in the Kingdom and OIC Member States

Malaysian ICM Continues its Resilience and Dominance with a Stable 65% Market Share in 2022 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 2022 despite the ongoing economic and fiscal impact of the COVID-19 pandemic,…

Continue ReadingMalaysian ICM Continues its Resilience and Dominance with a Stable 65% Market Share in 2022 on the Back of Strong Market Capitalisation and Sukuk Outstanding

New Malaysian Premier/Finance Minister Anwar Ibrahim Prioritises SRI Sukuk Through 5-Year Tax Incentives in 2023 Budget to Boost Sustainability Agenda

The New Malaysian Prime Minister, Dato' Seri Anwar bin Ibrahim, has lost no time in consolidating his policy of a greater but better coordinated Islamic finance engagement with the Malaysian…

Continue ReadingNew Malaysian Premier/Finance Minister Anwar Ibrahim Prioritises SRI Sukuk Through 5-Year Tax Incentives in 2023 Budget to Boost Sustainability Agenda

Saudi NDMC Returns to International Sukuk Market with Dual Tranche US$6bn Sukuk Offering which was Oversubscribed 4.5 Times with More Issuances in the Offing

Saudi Arabia returned to the international Sukuk market with a two-tranche Sukuk issuance in mid-May 2023, despite a more-or-less balanced budget, rising oil revenues and pre-funding activities that have been…

Continue ReadingSaudi NDMC Returns to International Sukuk Market with Dual Tranche US$6bn Sukuk Offering which was Oversubscribed 4.5 Times with More Issuances in the Offing

Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of Two-tranche SAR3,374.m (US$899.4m) Sukuk in March 2023, as Aggregate for First Three Months Reach SAR10,497.2m (US$2,798.2m)

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) successfully closed its third consecutive monthly domestic sovereign Sukuk issuance on 23 March 2023 raising an aggregate…

Continue ReadingSaudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of Two-tranche SAR3,374.m (US$899.4m) Sukuk in March 2023, as Aggregate for First Three Months Reach SAR10,497.2m (US$2,798.2m)