Read more about the article Islamic Finance Industry Mourns the Passing of Internationally Respected Shariah Scholar and Advisory Sheikh Dr Abdul Sattar Abu Ghuddah

Islamic Finance Industry Mourns the Passing of Internationally Respected Shariah Scholar and Advisory Sheikh Dr Abdul Sattar Abu Ghuddah

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…

Continue ReadingIslamic Finance Industry Mourns the Passing of Internationally Respected Shariah Scholar and Advisory Sheikh Dr Abdul Sattar Abu Ghuddah
Read more about the article Malaysian Finance Minister Hands Out Spate of Tax Incentives to Islamic Finance Sector in Budget 2021 to Mitigate COVID-19 and to Push the Country’s Sustainability and SRI Agenda

Malaysian Finance Minister Hands Out Spate of Tax Incentives to Islamic Finance Sector in Budget 2021 to Mitigate COVID-19 and to Push the Country’s Sustainability and SRI Agenda

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…

Continue ReadingMalaysian Finance Minister Hands Out Spate of Tax Incentives to Islamic Finance Sector in Budget 2021 to Mitigate COVID-19 and to Push the Country’s Sustainability and SRI Agenda
Read more about the article Saudi MoF Sustains Monthly Domestic Sukuk Issuance in November as Overall Volume Rises to Over SAR85bn (US$22.64bn) for the First Eleven Months of 2020

Saudi MoF Sustains Monthly Domestic Sukuk Issuance in November as Overall Volume Rises to Over SAR85bn (US$22.64bn) for the First Eleven Months of 2020

The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in November 2020 with a two-tranche offering totalling SAR794.5…

Continue ReadingSaudi MoF Sustains Monthly Domestic Sukuk Issuance in November as Overall Volume Rises to Over SAR85bn (US$22.64bn) for the First Eleven Months of 2020
Read more about the article Oman Sovereign Domestic Sukuk Issuance Gathers Pace with Two Offerings in November 2020 Totalling OMR233m Including a Sukuk Targeted to Retail Investors

Oman Sovereign Domestic Sukuk Issuance Gathers Pace with Two Offerings in November 2020 Totalling OMR233m Including a Sukuk Targeted to Retail Investors

The Government of Oman represented by the Ministry of Finance (MoF) returned to the market in November 2020 with two Omani Rial Sukuk issuances – one an institutional and the…

Continue ReadingOman Sovereign Domestic Sukuk Issuance Gathers Pace with Two Offerings in November 2020 Totalling OMR233m Including a Sukuk Targeted to Retail Investors
Read more about the article KIB Returns to International Market After an Absence of More than 12 Months with a US$300m Subordinated Tier II Sukuk Wakalah Issuance

KIB Returns to International Market After an Absence of More than 12 Months with a US$300m Subordinated Tier II Sukuk Wakalah Issuance

Kuwait International Bank (KIB), formerly the Kuwait Real Estate Bank which converted into a fully Sharia’a-compliant institution, returned to the Sukuk market on 22 November 2020 after an absence of…

Continue ReadingKIB Returns to International Market After an Absence of More than 12 Months with a US$300m Subordinated Tier II Sukuk Wakalah Issuance
Read more about the article Malaysia’s Mortgage Securitiser Cagamas Keeps Sukuk Issuance Momentum Going with Flurry of Offerings in November 2020 totalling RM2.5bn

Malaysia’s Mortgage Securitiser Cagamas Keeps Sukuk Issuance Momentum Going with Flurry of Offerings in November 2020 totalling RM2.5bn

Cagamas Berhad, the National Mortgage Corporation of Malaysia, one of the most prolific issuers of Sukuk, continued its debt paper issuance on 23 November 2020 with a combined 2-tranche offering…

Continue ReadingMalaysia’s Mortgage Securitiser Cagamas Keeps Sukuk Issuance Momentum Going with Flurry of Offerings in November 2020 totalling RM2.5bn
Read more about the article IsDB and ICIEC Launch US$2bn Trade and Investment Guarantee Facility to Support Private Sector Recovery from COVID-19 Disruption

IsDB and ICIEC Launch US$2bn Trade and Investment Guarantee Facility to Support Private Sector Recovery from COVID-19 Disruption

One of the unfortunate consequences of the economic impact of the COVID-19 pandemic is the severe disruption of private sector trade and commercial business, including that of small-and-medium-sized enterprises (SMEs),…

Continue ReadingIsDB and ICIEC Launch US$2bn Trade and Investment Guarantee Facility to Support Private Sector Recovery from COVID-19 Disruption
Read more about the article Saudi Government Sustains Monthly Domestic Sukuk Issuance in October as Overall Volume Rises to SAR84,243.5 million (US$22,462.13 million) for the First Ten Months of 2020

Saudi Government Sustains Monthly Domestic Sukuk Issuance in October as Overall Volume Rises to SAR84,243.5 million (US$22,462.13 million) for the First Ten Months of 2020

The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in October 2020 with a two-tranche offering totalling SAR270…

Continue ReadingSaudi Government Sustains Monthly Domestic Sukuk Issuance in October as Overall Volume Rises to SAR84,243.5 million (US$22,462.13 million) for the First Ten Months of 2020
Read more about the article ICD Returns to Market after Absence of Four Years with a Benchmark US$600m Sukuk to Help Member Countries’ Private Sector Recover from COVID-19 Impact

ICD Returns to Market after Absence of Four Years with a Benchmark US$600m Sukuk to Help Member Countries’ Private Sector Recover from COVID-19 Impact

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector funding arm of the Islamic Development Bank (IsDB) Group, successfully issued its latest Sukuk offering in…

Continue ReadingICD Returns to Market after Absence of Four Years with a Benchmark US$600m Sukuk to Help Member Countries’ Private Sector Recover from COVID-19 Impact