Read more about the article 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

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
Read more about the article 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

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
Read more about the article 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

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

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
Read more about the article 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 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
Read more about the article 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)

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)
Read more about the article Alrajhi Bank Maiden US$1bn Sustainable Sukuk in International Markets Attracts Robust Demand From Local and Global Investors

Alrajhi Bank Maiden US$1bn Sustainable Sukuk in International Markets Attracts Robust Demand From Local and Global Investors

Corporate Sukuk issuances in Saudi Arabia received a major boost when Alrajhi Bank, the world’s largest Islamic bank in terms of both assets and market capitalization, successfully priced its inaugural…

Continue ReadingAlrajhi Bank Maiden US$1bn Sustainable Sukuk in International Markets Attracts Robust Demand From Local and Global Investors
Read more about the article Malaysia Islamic Banking System Edges Towards System Parity as Financing and Deposits Market Share Reach 40% and Total AUM Tops RM1.3 Trillion (US$298bn)

Malaysia Islamic Banking System Edges Towards System Parity as Financing and Deposits Market Share Reach 40% and Total AUM Tops RM1.3 Trillion (US$298bn)

Since it was introduced 40 years ago, Malaysia’s Islamic banking proposition by all the market metrics, continues its march towards reaching parity with its counterpart conventional banking system in terms…

Continue ReadingMalaysia Islamic Banking System Edges Towards System Parity as Financing and Deposits Market Share Reach 40% and Total AUM Tops RM1.3 Trillion (US$298bn)