The Debt Management Office (DMO) of the Saudi Ministry of Finance (MoF) started the year 2020 in a buoyant mood with a SR6.72 billion (US$1.79 billion) domestic Sukuk offering on…
Kuwait’s Boubyan Bank is the latest GCC financial institution to issue a Sukuk at the start of 2020. In a disclosure to Boursa Kuwait, Adel Abdul Wahab Al Majed, the…
Another sign that GCC Islamic banks are becoming more adventurous and mature in their fund-raising diversification strategies is the latest foray by Qatar Islamic Bank (QIB), the oldest and largest…
Cagamas Berhad, the National: The UK inched closer towards issuing its second sovereign Sukuk in January 2020 when the UK Debt Management Office (DMO) of HM Treasury issued an invitation…
Saudi Arabia’s InoChem Signs SR825m Islamic Credit Facility with Alinma and Al Bilad Banks to Finance BOO Soda Ash Complex Jeddah - Saudi Arabia’s InoChem, in which Sahara Petrochemicals Company…
December 2019 saw a flourish of syndicated Murabaha financing and Islamic credit facilities, which has always complemented Sukuk issuance, especially in the Middle East and Malaysian markets but also for…
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…
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…
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…
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…