Multilaterals – IsDB US$2bn Sustainability Sukuk Wakala
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,…
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…
Publication of Saudi Arabia’s Ambitious Green Finance Framework Raises Prospects of Significant Increase in Islamic Green and ESG Sukuk and Murabaha Syndications Riyadh – The Saudi Ministry of Finance published…
Big Ticket Syndicated Murabaha Transactions Flourish in the GCC in March/April 2024 with Five Transactions Totalling US$1.33bn Successfully CompletedBig ticket Murabaha transactions including syndications flourished during the months of March…
Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of Three-tranche SAR7.41bn (US$1.97bn) Sukuk in April 2024, as Aggregate for First Four Months 2024 Reaches SAR29.40bn (US$7.83bn) Through Four…
Malaysian ICM Consolidates its Resilience and Dominance of the Overall Capital Market in 2023 Accounting for 64% Market Share with a Total Size of RM2,426.77bn (US$507.91bn) and CAGR of 4.5%For…
Abu Dhabi’s Mubadala Investment Company is the Latest Sovereign Wealth Fund to Access International Financial Markets with Inaugural US$1bn Sukuk Wakala in April 2024 These are both changing and exciting…
Malaysia’s Islamic Finance Market Share of the Overall Banking System Reaches 45.6% in 2023 Well on its Way to Achieving the Target of 50% Parity with the Conventional Sector by…
UAE Government Domestic Treasury Sukuk Auctions Raise AED5bn (US$1.4bn) in First Quarter 2024 Driven by Market Buoyancy and Robust Demand and Contributing to Building an AED Yield Curve The dirham-denominated…
Iconic Dubai Realty Developer Binghatti Holding Successfully Closes its Maiden US$300m Ijara/Murabaha Sukuk in February 2024Dubai – Binghatti Holding Limited, the Dubai-based real estate developer, is the latest UAE property…