NEWS in BRIEF
Securities Commission Malaysia (SC) Launches FIKRA ACE Platform to Enhance the Islamic Capital Market Ecosystem by Facilitating the Development of Islamic Fintech Through a Structured Approach Kuala Lumpur – The…
Securities Commission Malaysia (SC) Launches FIKRA ACE Platform to Enhance the Islamic Capital Market Ecosystem by Facilitating the Development of Islamic Fintech Through a Structured Approach Kuala Lumpur – The…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) successfully closed its sixth consecutive monthly domestic sovereign Sukuk issuance on 13th June 2023 raising an aggregate…
The Kuwait Projects Holding Company (KIPCO), one of Kuwait’s largest multi-sectoral investment companies, successfully completed its maiden Sukuk issuance of KD103.1 million (US$335.8 million) in June 2023. Kuwait is a…
Abu Dhabi Islamic Bank (ADIB), one of the largest Islamic financial institutions in the UAE and the Gulf Cooperation Council (GCC) region, successfully returned to the international market in July…
The involvement of the Islamic financial industry in the carbon credit and pricing market continues with Saudi Arabia’s Regional Voluntary Carbon Market Company (RVCMC) emerging as the most proactive by…
The prospects for the global Islamic finance industry in 2023-2024 continue to be positive although growth dynamics continue to be concentrated in the key traditional markets. In its latest report…
Emirates NBD Group Commits to Accelerate the Achievement of UN Sustainable Development Goal SDG5 on Gender Equality and Representation of Women in Corporate Leadership Roles Dubai – As part of…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) successfully closed its fifth consecutive monthly domestic sovereign Sukuk issuance on 23rd May 2023 raising an aggregate SAR4,339.37…
The Oil and Gas Holding Company (nogaholding), the energy investment and development holding entity of the Government of Bahrain, successfully priced its latest Sukuk issuance – a benchmark US$750 million Senior…
Further signs of the momentum and resilience of the Saudi corporate and bank Sukuk market is the US$900 million offering – a RegS senior unsecured Sukuk - in the international…