The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) completed its domestic sovereign Sukuk issuance programme for 2020 in December.In an unusual statement, the MoF confirmed…
The International Islamic Trade Finance Corporation (ITFC), the trade fund of the Islamic Development Bank (IsDB) Group, continues to consolidate its financing activities in Africa and with the private sector…
First Abu Dhabi Bank (FAB), one of the GCC's largest financial institutions, returned to the Sukuk market with a benchmark US$500 million Sukuk with a tenor of 5 years. The…
The Saudi Central Bank (SAMA) introduced two official documents in December 2020 aimed at regulating Crowdfunding platforms and activity in the Kingdom. The documents include Rules for Engaging in Debt-Based…
Malaysia inched forward to licensing the first digital banks (DGs) in the Islamic Development Bank (IsDB) member countries, when Bank Negara Malaysia (BNM) issued a Policy Document on Licensing Framework…
The supervision and regulation of Islamic financial institutions (IFIs), especially in non-traditional markets, took a major step forward as the Bank of England rolls out its pioneering Alternative Liquidity Facility…
Dear all,Time to get your steps going … or so to speak … 😉DDCAP will participate this year in The Prince’s Trust Future Steps Challenge… a great way to get…
South African Electricity Utility Eskom Inches Nearer to Debut Domestic R1bn Sukuk Issuance with RFP for Corporate Services in November 2020Johannesburg – South African electricity utility, Eskom Holdings, is inching…
The global Islamic finance industry lost another pioneer in internationally respected Sharia’a scholar and advisor Dr Abdul Sattar Abu Ghuddah, who passed away aged 80 on Friday 23 October 2020…
Malaysian Finance Minister Tengku Zafrul Tengku Abdul Aziz continued the tradition of government support for the Islamic finance sector in his National Budget 2021 presented to parliament on 6 November…