Read more about the article Malaysian Finance Minister Guan Eng Launches Islamic Economic Blueprint to Support Greater Linkages Between Islamic Finance and the Halal Economy with Further Tax Incentives for Sukuk Issuance and SRI Funds

Malaysian Finance Minister Guan Eng Launches Islamic Economic Blueprint to Support Greater Linkages Between Islamic Finance and the Halal Economy with Further Tax Incentives for Sukuk Issuance and SRI Funds

Malaysian Finance Minister, Lim Guan Eng, in his National Budget 2020 speech to the Dewan Rakyat (the Parliament) on 11 October 2019, has followed his predecessors in tabling an ambitious…

Continue ReadingMalaysian Finance Minister Guan Eng Launches Islamic Economic Blueprint to Support Greater Linkages Between Islamic Finance and the Halal Economy with Further Tax Incentives for Sukuk Issuance and SRI Funds
Read more about the article Leading Saudi Property Developer Dar Al Arkan Issues US$600m Benchmark Sukuk Boosted by its Inclusion in the MSCI Emerging Markets Index

Leading Saudi Property Developer Dar Al Arkan Issues US$600m Benchmark Sukuk Boosted by its Inclusion in the MSCI Emerging Markets Index

Dar Al Arkan Real Estate Development Company, the largest publicly listed Saudi Arabian residential property developer, successfully closed its latest benchmark Sukuk offering – a 5-Year US$600 million Regulation S…

Continue ReadingLeading Saudi Property Developer Dar Al Arkan Issues US$600m Benchmark Sukuk Boosted by its Inclusion in the MSCI Emerging Markets Index
Read more about the article IsDB Issues Second US$1.5bn Sukuk in International Market in September as Increased Central Bank Subscription Underlines MDB’s Credit Strength

IsDB Issues Second US$1.5bn Sukuk in International Market in September as Increased Central Bank Subscription Underlines MDB’s Credit Strength

The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the OIC countries, returned to the international market by successfully pricing a US$1.5 billion 5-year Trust Certificates (Sukuk) transaction…

Continue ReadingIsDB Issues Second US$1.5bn Sukuk in International Market in September as Increased Central Bank Subscription Underlines MDB’s Credit Strength
Read more about the article Malaysia Pushes Digital Economy and FinTech with a Variety of Incentives Some Linked to the Halal Economy While GCC and Indonesia Push Ahead in Their Own Way

Malaysia Pushes Digital Economy and FinTech with a Variety of Incentives Some Linked to the Halal Economy While GCC and Indonesia Push Ahead in Their Own Way

The Malaysian Government and its two main financial regulators, Bank Negara Malaysia (BNM), the central bank, and the Securities Commission Malaysia (SC) continue their drive to push the digital economy,…

Continue ReadingMalaysia Pushes Digital Economy and FinTech with a Variety of Incentives Some Linked to the Halal Economy While GCC and Indonesia Push Ahead in Their Own Way
Read more about the article Saudi Arabia Returns to International Market With $2.5bn Sukuk Consolidated by a Tenth Consecutive SR7.265 billion Domestic Issuance as October Volume Tops $4.44bn

Saudi Arabia Returns to International Market With $2.5bn Sukuk Consolidated by a Tenth Consecutive SR7.265 billion Domestic Issuance as October Volume Tops $4.44bn

True to the earlier announcement by Dr Fahd Al-Saif, Director General of the Debt Management Office (DMO) of the Saudi Ministry of Finance (MoF), that the Kingdom would issue a…

Continue ReadingSaudi Arabia Returns to International Market With $2.5bn Sukuk Consolidated by a Tenth Consecutive SR7.265 billion Domestic Issuance as October Volume Tops $4.44bn
Read more about the article Bank Negara Malaysia Establishes Joint Committee on Climate Change for Building Climate Risk Resilience Within the Malaysia Financial Sector

Bank Negara Malaysia Establishes Joint Committee on Climate Change for Building Climate Risk Resilience Within the Malaysia Financial Sector

Bank Negara Malaysia Establishes Joint Committee on Climate Change for Building Climate Risk Resilience Within the Malaysia Financial Sector Kuala Lumpur - Bank Negara Malaysia (BNM), the central bank, has…

Continue ReadingBank Negara Malaysia Establishes Joint Committee on Climate Change for Building Climate Risk Resilience Within the Malaysia Financial Sector
Read more about the article Egypt Introduces Comprehensive Unified Insurance/Takaful Law as Takaful Growth Tops Conventional Insurance Sector

Egypt Introduces Comprehensive Unified Insurance/Takaful Law as Takaful Growth Tops Conventional Insurance Sector

Following Morocco’s approval of a Law in August 2019 to facilitate the introduction of Takaful products in the Kingdom’s growing insurance market, Egypt is the latest country to introduce a…

Continue ReadingEgypt Introduces Comprehensive Unified Insurance/Takaful Law as Takaful Growth Tops Conventional Insurance Sector
Read more about the article Saudi DMO Maintains Domestic Sovereign Sukuk Issuance Momentum with Ninth Consecutive Offering as 2019 Offerings to Date Reach US$15 billion, including another 30-Year Tranche

Saudi DMO Maintains Domestic Sovereign Sukuk Issuance Momentum with Ninth Consecutive Offering as 2019 Offerings to Date Reach US$15 billion, including another 30-Year Tranche

The Debt Management Office (DMO) of the Saudi Ministry of Finance continued its proactive on-going monthly domestic sovereign Sukuk issuance in September 2019 with a three-tranche riyal-denominated offering totaling SR8.834…

Continue ReadingSaudi DMO Maintains Domestic Sovereign Sukuk Issuance Momentum with Ninth Consecutive Offering as 2019 Offerings to Date Reach US$15 billion, including another 30-Year Tranche