Bank Sukuk – SNB US$850m Fixed Rate Benchmark Sukuk
SNB Returns to International Sukuk Market After an Absence of Three Years with a Fixed Rate Benchmark RegS US$850m Sukuk Offering in February 2024The Saudi National Bank (SNB) (formerly National…
SNB Returns to International Sukuk Market After an Absence of Three Years with a Fixed Rate Benchmark RegS US$850m Sukuk Offering in February 2024The Saudi National Bank (SNB) (formerly National…
ICD Returns to International Sukuk Market with a US$500m Hybrid Wakala/Commodity Murabaha Issuance in February 2024 After an Absence of 4 YearsAfter an absence of almost four years, the Islamic…
Dubai Islamic Bank (DIB) Issues Third Consecutive Annual US$1bn Sustainability Sukuk in March 2024 Priced at the Lowest Ever Credit Spread Achieved by the BankIf accolades are to be awarded…
Saudi Arabia’s Public Investment Fund (PIF) Issues Second Sukuk to Date Through a US$2bn Offering in the US Dollar Market in February 2024 Consolidating Primary Sukuk Issuance as a Key…
Dubai Luxury Realty Developer (DAMAC) Successfully Closes an Additional US$175m Sukuk in January 2024 to Consolidate with its 3.5-year US$300m Senior Unsecured Sukuk Offering in October 2023 Dubai – Another…
Saudi NDMC Starts 2024 with a Robust Statement of Intent of Domestic Sovereign Sukuk Issuances Through Two Auctions Raising an Aggregate SAR16.7bn (US$4.5bn) in January and FebruaryThe National Debt Management…
Debutante State-owned Issuer Omantel Finally Closes its Maiden Benchmark US$500m Sukuk in January 2024 After Short Delay Last October as Global Sukuk Market Set to Flourish Substantially in 2024Debutante issuer,…
Abu Dhabi’s ESIC Successfully Issues Second Benchmark Senior Unsecured US$700m Wakala/Murabaha Sukuk After an Absence of Five Years from the US Dollar MarketAfter an absence of almost five years, Emirates…
QIIB Returns to International Sukuk Market in January 2024 with Benchmark US$500m Offering as Sustainability Sukuk Continues to Gain Market Momentum Qatar International Islamic Bank (QIIB), a regular issuer of…
SEC Successfully Closes Second Big Ticket Dual Tranche Sukuk in the US Dollar Market in Less Than a Year Saudi Electricity Company (SEC), the Kingdom’s power generation utility, returned to…