Saudi DMO Sovereign Domestic Sukuk Tops US$18.6bn for the Year 2019 as Kingdom Closes 12th Consecutive Issuance in December

The Debt Management Office (DMO) of the Saudi Ministry of Finance continued its domestic Saudi riyal denominated Sukuk issuance in December 2019 with its latest offering of a four tranche…

Continue ReadingSaudi DMO Sovereign Domestic Sukuk Tops US$18.6bn for the Year 2019 as Kingdom Closes 12th Consecutive Issuance in December

Bank Negara Malaysia Consults Industry on Licensing Framework for Digital Banks Through Detailed Exposure Draft with Five Licenses Set for FH2020

Bank Negara Malaysia (BNM), the central bank, closed 2019 with a potentially important FinTech consultation paper for the financial services industry on 27 December 2019 - an Exposure Draft on…

Continue ReadingBank Negara Malaysia Consults Industry on Licensing Framework for Digital Banks Through Detailed Exposure Draft with Five Licenses Set for FH2020

Bidaya Closes Fourth Sukuk Fuelled by its New SR1bn Programme as Demand for Islamic Mortgages Increase in Saudi Arabia

Bidaya Home Finance (BHF), the Riyadh-based Islamic mortgage finance company, successfully issued its latest Sukuk, a SR300 million 2 year offering under its recently established SR1.0 billion Sukuk programme, which…

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Malaysian Mortgage Corporation (Cagamas) Finishes 2019 Strongly with Spate of Sukuk Issuances Totalling RM1.8bn

Cagamas Berhad, the National Mortgage Corporation of Malaysia, one of the most prolific issuers of Sukuk, continues to play a major role in Sukuk issuance and in the Islamic mortgage…

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RFI Foundation Launches “Responsible Finance – Ethical & Islamic Finance: Meeting the Global Agenda” Report

In Jakarta on 14 November 2019 at the IFSB Summit, the RFI Foundation launched the “Responsible Finance – Ethical & Islamic Finance: Meeting the Global Agenda Report” which investigates similarities between…

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QIIB Second Sukuk in 2019 Nine Times Oversubscribed at Lowest Pricing for an AT1 Issuance from the GCC on the Back of Strong Qatari Economic and Banking Sector Fundamentals

Qatar International Islamic Bank (QIIB), one of the oldest Islamic banks in the emirate, successfully closed the issuance of its second Sukuk offering in the international market in 2019 –…

Continue ReadingQIIB Second Sukuk in 2019 Nine Times Oversubscribed at Lowest Pricing for an AT1 Issuance from the GCC on the Back of Strong Qatari Economic and Banking Sector Fundamentals

Saudi DMO Completes 11th Consecutive Sovereign Domestic Sukuk in November as Issuances for the Year Top $17.26bn

The Debt Management Office (DMO) of the Saudi Ministry of Finance continued its domestic Saudi riyal-denominated Sukuk issuance in November 2019 with its latest offering of a SR1.415 billion (US$380…

Continue ReadingSaudi DMO Completes 11th Consecutive Sovereign Domestic Sukuk in November as Issuances for the Year Top $17.26bn

Malaysia’s SC Launches SRI Roadmap for Capital Market to Create Ecosystem to Drive Sustainable Investments and Development

Malaysia’s commitment to develop the country into a world-class regional hub for Sustainable and Responsible Investment (SRI) took an important step forward on 25 November 2019 in Kuala Lumpur when…

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