Read more about the article Resilient Malaysian Islamic Banking Sector Continues its Growth Trajectory in 2021 and Beyond with Banking Sector Market Share Reaching 32% and Islamic Financing 43%

Resilient Malaysian Islamic Banking Sector Continues its Growth Trajectory in 2021 and Beyond with Banking Sector Market Share Reaching 32% and Islamic Financing 43%

By all the financial metrics, the Malaysian Islamic banking sector continued to show remarkable resilience in 2021 despite the difficult local and global market and geopolitical conditions.Never mind the fact…

Continue ReadingResilient Malaysian Islamic Banking Sector Continues its Growth Trajectory in 2021 and Beyond with Banking Sector Market Share Reaching 32% and Islamic Financing 43%
Read more about the article IsDB Boards Approve US$10.54bn New Food Security Response Programme Package to Support Ongoing Food Crisis and Future Food Security in Member States

IsDB Boards Approve US$10.54bn New Food Security Response Programme Package to Support Ongoing Food Crisis and Future Food Security in Member States

The Board of Executive Directors of the Islamic Development Bank (IsDB), the Islamic Solidarity Fund for Development (ISFD), and the Islamic Corporation for the Insurance of Investment and Export Credit…

Continue ReadingIsDB Boards Approve US$10.54bn New Food Security Response Programme Package to Support Ongoing Food Crisis and Future Food Security in Member States
Read more about the article Bahri and SAIB Return to Sukuk Market with Two Offerings in June/July 2022 Raising an Aggregate SAR5.9bn (US$1.57bn)

Bahri and SAIB Return to Sukuk Market with Two Offerings in June/July 2022 Raising an Aggregate SAR5.9bn (US$1.57bn)

Sukuk issuance momentum in the Saudi Arabian corporate sector continued in June and July 2022, despite the Eid and Hajj break in early July, underlining the fact that Sukuk issuance…

Continue ReadingBahri and SAIB Return to Sukuk Market with Two Offerings in June/July 2022 Raising an Aggregate SAR5.9bn (US$1.57bn)
Read more about the article Sovereign Indonesia Issues its Largest-ever Regular Annual International Sukuk Wakalah with a Two Tranche US$3.25bn Offering Including a US$1.5bn Green Sukuk

Sovereign Indonesia Issues its Largest-ever Regular Annual International Sukuk Wakalah with a Two Tranche US$3.25bn Offering Including a US$1.5bn Green Sukuk

For a regular annual proactive issuer of sovereign Sukuk, the Government of Indonesia is adept at notching up global firsts in its issuance programme and strategy. This is particularly so…

Continue ReadingSovereign Indonesia Issues its Largest-ever Regular Annual International Sukuk Wakalah with a Two Tranche US$3.25bn Offering Including a US$1.5bn Green Sukuk
Read more about the article Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues in April and May 2022 with Two Auctions Raising an Aggregate SAR24.94bn (US$6.65bn) and Bringing Aggregate Issuances in January-May 2022 to SAR51,321.42m (US$13,684.55m)

Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues in April and May 2022 with Two Auctions Raising an Aggregate SAR24.94bn (US$6.65bn) and Bringing Aggregate Issuances in January-May 2022 to SAR51,321.42m (US$13,684.55m)

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) Saudi Arabia continued its consecutive monthly Sukuk issuance under its Saudi Riyal-denominated Sukuk Issuance Programme with two…

Continue ReadingSaudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues in April and May 2022 with Two Auctions Raising an Aggregate SAR24.94bn (US$6.65bn) and Bringing Aggregate Issuances in January-May 2022 to SAR51,321.42m (US$13,684.55m)
Read more about the article Malaysian ICM Continues its Resilience and Dominance with 65% Market Share in 2021 on the Back of Strong Market Capitalisation and Sukuk Outstanding

Malaysian ICM Continues its Resilience and Dominance with 65% Market Share in 2021 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 2021 despite the ongoing economic and fiscal impact of the COVID-19 pandemic…

Continue ReadingMalaysian ICM Continues its Resilience and Dominance with 65% Market Share in 2021 on the Back of Strong Market Capitalisation and Sukuk Outstanding
Read more about the article Murabaha Trade Finance Deals Flourish at IsDB Annual Meetings in Egypt as ITFC Pens Several Agreements Totalling US$7bn

Murabaha Trade Finance Deals Flourish at IsDB Annual Meetings in Egypt as ITFC Pens Several Agreements Totalling US$7bn

Amidst the rhetoric of aspiration and the jamboree of the unveiling of several announcements relating to issues dealing with post-COVID economic recovery and global shocks, climate action and sustainability, trade…

Continue ReadingMurabaha Trade Finance Deals Flourish at IsDB Annual Meetings in Egypt as ITFC Pens Several Agreements Totalling US$7bn
Read more about the article Senegal Returns to Sovereign Sukuk Market with a Three-Tranche Benchmark Equivalent XOF330 billion (US$525.4 million) Sukuk Ijarah Offering

Senegal Returns to Sovereign Sukuk Market with a Three-Tranche Benchmark Equivalent XOF330 billion (US$525.4 million) Sukuk Ijarah Offering

The Government of Senegal, the first West African state to issue a sovereign Sukuk in 2014, returned to the domestic market with its latest offering, a XOF330 billion (US$525.4 million)…

Continue ReadingSenegal Returns to Sovereign Sukuk Market with a Three-Tranche Benchmark Equivalent XOF330 billion (US$525.4 million) Sukuk Ijarah Offering
Read more about the article IsDB Keeps International Sukuk Momentum Going with US$1.6bn First Public Sukuk Issuance in 2022 as Investors Chase Quality AAA-rated Papers

IsDB Keeps International Sukuk Momentum Going with US$1.6bn First Public Sukuk Issuance in 2022 as Investors Chase Quality AAA-rated Papers

The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the 57-member OIC (Organisation of Islamic Cooperation) countries, successfully priced its first public Sukuk issuance of 2022 when it…

Continue ReadingIsDB Keeps International Sukuk Momentum Going with US$1.6bn First Public Sukuk Issuance in 2022 as Investors Chase Quality AAA-rated Papers