Will 2023 be the year when the establishment of Islamic digital banks proliferates? The launch in Malaysia of two high profile Islamic digital banks over the last few weeks backed…
Strong Demand for Malaysian Government RM4.5bn (US$990m) MGII Lestari Sustainability Sukuk “Reflects Investors’ Confidence in the Country’s Resilient Economic Performance and IF leadership” Kuala Lumpur – Despite rising uncertainties over…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) continued its 2022 Saudi Riyal-denominated Sukuk Issuance Programme on schedule with a three-tranche auction completed on 22…
Saudi Arabia’s Alrajhi Bank, the largest Islamic bank in the world in terms of assets, successfully completed its second Saudi riyal denominated Sukuk offering in 2022 when it raised SAR10…
The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the 57-member OIC (Organisation of Islamic Cooperation) countries, successfully priced its second public Sukuk issuance of 2022 when it…
Saudi Arabia returned to the international Sukuk market in October 2022 with its first US dollar-denominated issuance of the year. The National Debt Management Centre (NDMC) of the Saudi Ministry…
Whether it is because COP27 recently convened in Egypt and COP28 is scheduled to be hosted by Abu Dhabi/UAE in 2023, both Member States of the Islamic Development Bank (IsDB),…
DDCAP Group™ (“DDCAP”) is honoured to have been awarded the Best Islamic Fintech Solution Provider at the MEA Finance Awards 2022 for its proprietary trade and post trade services platform…
DDCAP Group™ (“DDCAP”) is honoured to have been awarded Best Interbroker for Islamic Transactions in the IFN 2022 Service Provider Awards. In formally announcing this accolade on 11th October 2022, IFN…
Al Rajhi Bank Concludes 3-year dual tranche US$1bn Sustainability Commodity Murabaha Facility, the Largest Shariah-compliant ESG Syndication in the Middle East to DateJeddah – Al Rajhi Bank, one of the…