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
Read more about the article DDCAP’s Sharia’a Compliant Automated Trade and Post Trade Services Platform, ETHOSTerminal™, Gains Market Traction as Fintech and Digitalisation Solutions Bring Transactional Flexibility and Additional Integration Functionality to IF Clients

DDCAP’s Sharia’a Compliant Automated Trade and Post Trade Services Platform, ETHOSTerminal™, Gains Market Traction as Fintech and Digitalisation Solutions Bring Transactional Flexibility and Additional Integration Functionality to IF Clients

Global trade has been more resilient during the COVID-19 pandemic than during the 2008-09 global financial crisis. According to the World Trade Organisation (WTO) in its latest World Trade Report…

Continue ReadingDDCAP’s Sharia’a Compliant Automated Trade and Post Trade Services Platform, ETHOSTerminal™, Gains Market Traction as Fintech and Digitalisation Solutions Bring Transactional Flexibility and Additional Integration Functionality to IF Clients