Malaysian PM Anwar Ibrahim Proposes Wide-ranging Reforms and Initiatives in New Sukuk Structures, Islamic Trade and Social Finance to Promote Inclusive and Sustainable Growth, Good Governance to Restore Confidence and…
UAE Government Domestic Treasury T-Sukuk Auction in May Raises AED1.1bn (US$300mn) as Total Volume of Issuances for 2024 to Date Reaches AED6.1bn (US$1.7bn) Buoyed by Strong Investor Demand The dirham-denominated…
Emirates Islamic Returns to International Sukuk Market in May 2024 with Maiden 5-Year US$750mn Sustainability Sukuk as Momentum of Such Offerings Gathers PaceEmirates Islamic, one of the leading Islamic financial…
Robust Demand for Saudi Arabia’s A-Rated US$5bn Sovereign Sukuk Underlines Kingdom’s Pre-eminence as a Public Debt Sukuk IssuerThe National Debt Management Centre (NDMC) of the Saudi Ministry of Finance successfully…
IsDB Board Approves US$478 mn of New Development Financing in Four Member States to Fund Sustainable Development Projects in Key Sectors such as Energy, Education, Transport, and the SMEsRiyadh –…
IsDB Governors Target Greater Role in Sukuk Market and Deepening Islamic Capital Markets, Increased Concessional Funding, Greater International Partnerships and Intra-OIC Trade in the Next 50 YearsAs far as the…
Aldar Investment Properties Issues Second Benchmark US$500m Green Sukuk Wakala/Murabaha in May 2024 in Support of its Growth Agenda and Net Zero and Sustainability Commitments Abu Dhabi-based Aldar Investment Properties,…
Al Rajhi Bank Raises Aggregate US$2bn in Two Consecutive Sustainable Sukuk Wakala Transactions of US$1bn Each in March and May 2024 Al Rajhi Bank, the largest Islamic bank in the…
IsDB Starts its 2024 Issuance Calendar with a US$2bn SOFR Linked Public Sustainable Sukuk Wakala in May 2024 to Fund ESG Projects in Member States in Climate Action, Poverty Alleviation,…
Big Ticket Murabaha Syndications Increasingly Match Attractiveness and Demand of Sukuk as Fund-raising Instrument as NEOM Enters Market with Maiden SAR10bn (US$2.67bn) Transaction at End AprilThe tried and tested, and…