Sustainability Sukuk issuances continues to gain momentum in member countries of the Islamic Development Bank (IsDB) Group to help agencies, banks and companies transition to a Green Circular Economy in…
Dubai-based international property developer, Emaar Properties, returned to the Sukuk market after a hiatus of two years to successfully close its latest offering, a Reg S US$500 million benchmark Sukuk…
The Government of Sharjah, through its Finance Department, returned to the international Sukuk market with a benchmark Reg S 10-year US$750 million Sukuk Murabaha/Ijara issuance on 13 July 2021 maturing…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its sixth consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a three-tranche SAR8.265 billion (US2.20 billion)…
Dubai Islamic Bank (DIB), one of the largest banks in the UAE in terms of assets under management following its merger with Noor Bank last year, successfully priced its second…
The Turkish Ministry of Treasury & Finance continues to raise funds from the international markets through Sukuk issuances as part of its active but diversified public funding and debt strategy.…
The Government of Oman returned to the international market on 15 June 2021 with a Reg S Rule 144A US$1.75 billion Sukuk issuance. The unsubordinated fixed-rate Trust Certificates have a…
Kuwait Finance House (KFH), one of the oldest commercial Islamic banks in the world, issued its debut Sukuk – a 5.5 year Perpetual non-callable benchmark US$750 million ATI Mudaraba Sukuk…
As the world’s largest integrated oil and gas company, the Saudi Arabian Oil Company (Saudi Aramco) does not do fixed-income issuances in modest measures. On 17 June 2021, the company…
Kuveyt Turk Boosts Lease Financing Portfolio to TL6.5bn in Q1 2021 as Prospects for Sector Increases Following Agreement with Leading Industrial Group Istanbul – In an effort to further boost…