Sometimes adversity brings out the best in society. The health, economic and social impact of COVID-19 has been painful for all countries. Governments have responded with rescue packages and with…
It seems that participation (Islamic) banking in Turkey is getting a second wind in terms of government policy and support which augurs well for the industry in the Middle East,…
Saudi Arabia’s Riyad Bank is the latest Saudi bank to boost its capital through the issuance of Sukuk following on from the Tier 1 US$1.25 billion Mudaraba Sukuk issued in…
"DDCAP Group Showcased in Pioneering Global Responsible Investment Report.” UK – 24th March 2021, DDCAP Group has welcomed the launch of a new global report looking at responsible investment. The…
London, March 15, 2021Professor Humayon Dar, Executive Chairman of Cambridge IFA and Director General of Cambridge Institute of Islamic Finance, recently announced that Cambridge IFA and DDCAP GroupTM (DDCAP) will…
Murex and DDCAP Group™ Announce Platform Integration, Facilitating Transactions for Islamic Financial Market Participants Partnership Streamlines Automated Bookings, Processing for Rapidly Extending Market Footprint Across Middle East and Southeast Asia…
Malaysia’s Mortgage Securitiser Cagamas Starts 2021 with Four-Tranche RM710m (US$176.2m) Hybrid Sukuk/Bond Offerings to Fund Purchases of Housing and Commercial MortgagesKuala Lumpur – Cagamas Berhad, the National Mortgage Corporation of…
The sustainability of and commitment to using domestic Sukuk as a public debt finance instrument was reinforced in January 2021 when the National Debt Management Centre (NDMC) of the Saudi…
Bangladesh became the latest country to issue a debut sovereign Sukuk when the Debt Management Department (DMD) of Bangladesh Bank, the central bank, issued a BDT8,000 crore Sukuk Ijara through…
Another sign that digital asset and exchanges are slowly getting traction in the Islamic finance space is the recent issuance of a licence by the Central Bank of Bahrain (CBB)…