NEWS in BRIEF
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…
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…
Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of Three-tranche SAR4.44bn (US$1.2bn) Sukuk in March 2024, as Aggregate for First Quarter 2024 Reaches SAR21.14bn (US$5.64bn) Through Three AuctionsThe…
Kingdom of Bahrain Raises US$2bn through a Dual Tranche Conventional Bond/Sukuk Issuance in February 2024The Kingdom of Bahrain, acting through the Ministry of Finance and National Economy, returned to the…