NDMC Continues its Sovereign Domestic Sukuk Issuance Momentum in October 2024 through a 5-Tranche Auction Raising SAR7.83bn (USD2.1bn) as Volume of Issuances Reaches a Staggering SAR64.50bn (US$15.12bn) in the First…
New Entrant Qatar’s Dukhan Bank Joins Major GCC Islamic Banks in the International Financial Market with Debut USD800mn Sukuk Wakala/Murabaha Issuance to Boost Balance Sheet ActivitiesThe entry of the newish…
Government of Sharjah Returns to International Sukuk Market with Benchmark US$750m Murabaha/Ijara Sukuk in October 2024 Amid Strong Demand from InvestorsThe Government of Sharjah, through its Finance Department, returned to…
UAE Government Domestic Treasury T-Sukuk Momentum Continues with Auctions in September and October Raising an Aggregate AED2.2bn (USD600mn) as Total Volume of Issuances for January-October 2024 Tops AED10.5bn (US$2.85bn) Due…
QIIB Returns to the International Financial Market in September with its Third Offering in 2024 of a USD300mn AT1 Capital Sukuk Bringing the Total Volume to USD1.05bnQatar International Islamic Bank…
Dubai Islamic Bank (DIB) Closes Second Sukuk Transaction of 2024, a USD500mn Benchmark Perpetual AT1 Sukuk Mudarabah at the Lowest Yield by an EM Bank Since 2022If accolades are to…
IsDB Closes its Second SOFR-linked Public Sukuk Issuance in 2024 with Hybrid USD1.25bn Sukuk Wakala/Murabaha/Mudarabah IssueThe Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the 57-member OIC (Organisation…
World’s Largest Oil Exporter Saudi Aramco Returns to the Global Sukuk Market in October 2024 After a 3-year Absence with a USD3bn Market Issuance Fillip to Re-establish its Sukuk Yield…
Summer holidays are already a distant memory! As a UK headquartered business with offices in a growing number of international centres for Islamic Finance, it is always our pleasure to…
KFH Completes Conversion of Ahli United Bank UK and Egypt to Dedicated Islamic Banks Following its Voluntary Withdrawal from the Malaysian Market in Pursuit of a New Focus on MENA…