Deal or no Deal, Brexit or No Brexit, the UK’s Islamic finance proposition continues to consolidate as the country seeks to forge new trading, investment and financial partnerships. The issuance…
The global Islamic finance sector, together with the wider financial services industry in the OIC countries, continues to embrace ESG and FinTech, some of the initiatives being particularly innovative, across…
Dubai-based international property developer, Emaar Properties, returned to the Sukuk market after a hiatus of three years to successfully closed its latest offering, a US$500 million benchmark Sukuk issuance in…
UNHCR’s Refugee Zakat Fund Exceeds US$38m in FH2019 as Islamic Philanthropic Finance Makes its Mark Geneva – As another sign of the increasing synergy of Islamic social and philanthropic finance…
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…
The Debt Management Office (DMO) of the Saudi Ministry of Finance, continued its proactive on-going monthly domestic sovereign Sukuk issuance in August 2019 with a three-tranche riyal-denominated offering totaling SR2.261…
The Turkish Ministry of Treasury and Finance successfully issued its latest offering of domestic Sukuk – a TR846.5 million (US$148.12) issuance of Lease Certificates (Sukuk Al Ijarah) on 21 August…
The fit between Islamic finance and the wider global ESG/SRI, FinTech and Digitisation sectors continues at a measured pace, with a recognized and on-going need for the further development of…
Dubai-based The First Group (TFG), the integrated global property developer and hospitality specialists, successfully closed a five-year US$135 million Sukuk Al Ijarah in August 2019. The Sukuk certificates mature on…
Indonesia Issues Another Waqf-linked Sukuk to Finance a Retinal Centre at an Eye Hospital to Promote Impact Investment Surabaya – Indonesia has issued another Waqf-linked Sukuk to finance a retinal…