NEWS in BRIEF
Malaysia Follows IsDB and Indonesia in Issuing Dedicated Covid-19 Mitigation RM500m Sukuk Prihatin Putrajaya – More countries are following the Islamic Development Bank (IsDB) and Indonesia in issuing dedicated Covid-19 mitigation…
Malaysia Follows IsDB and Indonesia in Issuing Dedicated Covid-19 Mitigation RM500m Sukuk Prihatin Putrajaya – More countries are following the Islamic Development Bank (IsDB) and Indonesia in issuing dedicated Covid-19 mitigation…
The Islamic finance industry lost another of its contemporary pioneers, Hajj Saeed bin Ahmed Al Lootah, the founder and Chairman for many years of Dubai Islamic Bank (DIB), the oldest…
DP World, the Dubai-based global port operator and logistics group, launched its latest Sukuk offering on 24 June 2020 – a U.S.$1.5 billion Reset Subordinated Perpetual Certificates issuance.The Sukuk Mudaraba…
Saudi Arabia’s reliance on domestic sovereign Sukuk issuance as part of its public debt strategy continued in June 2020 with The National Debt Management Center (NDMC) of the Ministry of…
It seems that issuers are seeking flight to quality and safety as sovereigns, multilaterals, banks and corporates in the Middle East, South East Asia and Africa are turning to domestic…
The Government of Indonesia returned to the global Sukuk market on 17 June 2020 through the issuance of a three-tranche US$2.5 billion Sukuk Wakala in the international market in 144A/…
The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the OIC (Organisation of Islamic Cooperation) countries, has consolidated its financing “to tackle the aftermath of the COVID-19 pandemic…
Covid-19 and Associated Social Distancing a Major Boost for Bank Digital Transformation in Singapore, Malaysia and IndonesiaSingapore –The Coronavirus (Covid-19) pandemic and the resulting social distancing phenomena, says Fitch Ratings…
The death of Sheikh Saleh Abdullah Kamel, the 79-year-old Chairman of Dallah Albaraka Group (DAG), on 18 May 2020 in Jeddah sees the end of an era of one of the…
The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued its proactive domestic sovereign Sukuk issuance in May when it issued its fifth consecutive monthly Sukuk…