Read more about the article Saudi NDMC Taps International Market with US$2bn Sukuk and Closes Eleventh Consecutive Monthly Domestic Sukuk in November as Total for January-November 2021 Touches SAR75bn (US$20bn) Mark

Saudi NDMC Taps International Market with US$2bn Sukuk and Closes Eleventh Consecutive Monthly Domestic Sukuk in November as Total for January-November 2021 Touches SAR75bn (US$20bn) Mark

The Saudi sovereign Sukuk market continued its buoyancy in October and November 2021 with several developments in both the domestic and international markets.The National Debt Management Centre (NDMC) of the…

Continue ReadingSaudi NDMC Taps International Market with US$2bn Sukuk and Closes Eleventh Consecutive Monthly Domestic Sukuk in November as Total for January-November 2021 Touches SAR75bn (US$20bn) Mark
Read more about the article Tenaga, Bank Islam and Air Selangor all Tap Malaysian Sukuk Market with an Aggregate RM4.3bn (US$1,019m) of Issuances in November 2021

Tenaga, Bank Islam and Air Selangor all Tap Malaysian Sukuk Market with an Aggregate RM4.3bn (US$1,019m) of Issuances in November 2021

One of the signs that the Malaysian economy is in recovery mode is the surfeit of Sukuk issuances by top Malaysian corporates in November 2021.Malaysian electricity utility giant Tenaga Nasional…

Continue ReadingTenaga, Bank Islam and Air Selangor all Tap Malaysian Sukuk Market with an Aggregate RM4.3bn (US$1,019m) of Issuances in November 2021
Read more about the article Syndicated Murabaha Facilities for Trade and Sustainable Projects Flourish in Pakistan as US$933m of Deals Signed in November 2021 with State-owned Agencies and Private Sector

Syndicated Murabaha Facilities for Trade and Sustainable Projects Flourish in Pakistan as US$933m of Deals Signed in November 2021 with State-owned Agencies and Private Sector

Pakistan has emerged as a growing market for Islamic financing facilities accessed by the federal and state governments, state agencies, local corporates and financial institutions. During 2021 there have been…

Continue ReadingSyndicated Murabaha Facilities for Trade and Sustainable Projects Flourish in Pakistan as US$933m of Deals Signed in November 2021 with State-owned Agencies and Private Sector
Read more about the article Malaysia’s Agrobank Issues Maiden RM500m (US$119m) Sukuk Wakalah Bi Al-Istithmar with Strict Use of Proceeds Linked to Achieving UN Sustainable Development Goals

Malaysia’s Agrobank Issues Maiden RM500m (US$119m) Sukuk Wakalah Bi Al-Istithmar with Strict Use of Proceeds Linked to Achieving UN Sustainable Development Goals

Malaysia’s Agrobank (Bank Pertanian Malaysia Berhad) successfully closed its debut Sukuk on 18 October 2021 – a RM500 million (US$118.98 million) Sukuk Wakalah Bi Al-Istithmar. Agrobank is a Development Financial…

Continue ReadingMalaysia’s Agrobank Issues Maiden RM500m (US$119m) Sukuk Wakalah Bi Al-Istithmar with Strict Use of Proceeds Linked to Achieving UN Sustainable Development Goals
Read more about the article Robust Investor Appetite Marks Emirates Islamic’s Return to International Market with US$500m Benchmark Sukuk Wakala Offering as GCC Banks’ Post-pandemic Recovery Continues

Robust Investor Appetite Marks Emirates Islamic’s Return to International Market with US$500m Benchmark Sukuk Wakala Offering as GCC Banks’ Post-pandemic Recovery Continues

Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the UAE, successfully closed the issuance of its latest Sukuk offering - a benchmark US$500 million 5-year Sukuk…

Continue ReadingRobust Investor Appetite Marks Emirates Islamic’s Return to International Market with US$500m Benchmark Sukuk Wakala Offering as GCC Banks’ Post-pandemic Recovery Continues