Qatar Islamic Bank (QIB), the oldest and largest Islamic bank in Qatar in terms of assets, successfully closed its latest Sukuk issuance in the international market, a benchmark 5-year US$750…
Cagamas Berhad, the National Mortgage Corporation of Malaysia, one of the most prolific issuers of Sukuk, continues to play a major role in Sukuk origination and in the Islamic mortgage…
Government of Oman Raises OR200m (US$520m) Through its Third Domestic Sukuk in Year to Date Aimed at Bridging the Budget Deficit in the Wake of COVID-19Muscat – The Ministry of…
Sheikh Sabah al-Ahmed al-Jaber al-Sabah, the Emir of Kuwait, passed away peacefully on 29 September 2020 in the United States, where he was receiving medical treatment, aged 91 after ruling…
The Kingdom of Bahrain, acting through the Ministry of Finance & National Economy, returned to the international market in September 2020 with a benchmark 7-year US$1 billion Sukuk issuance which…
The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in September 2020 as part of its public debt…
Another sign of Malaysia’s prominent position in digitisation in financial services products is the launch on 10 September 2020 of the Digital Skim Rumah Pertamaku (Digital SRP), the country’s first…
Emirates Islamic Bank (EIB), rated A+ (stable) by Fitch Ratings, successfully closed the issuance of its latest Sukuk offering in September 2020 - a benchmark US$500 million 5-year Sukuk Wakala,…
The Saudi Electricity Company (SEC), the largest electricity utility company in the Middle East & North Africa (MENA) region, successfully completed a US$1.3 dual tranche fixed rate Reg S Senior…
True to its Sukuk issuance calendar for 2020, the National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in…