Abu Dhabi Islamic Bank Launches UAE’s First Fractional Sukuks for Retail Investors
Abu Dhabi, UAE – In a groundbreaking development for the Islamic finance industry, Abu Dhabi Islamic Bank (ADIB) has successfully tested fractional …
Sukuk
Saudi Arabia Unveils October ‘Sah’ Sukuk Savings with 4.9% Returns
Saudi Arabia has recently introduced the Sah Sukuk Savings program for October, offering citizens an excellent opportunity to invest in a …
Warba Arranges Sukuk Issuances for Qatar Islamic Bank and UAE’s Arada
KUWAIT CITY: Warba Bank has established itself as a leading facilitator in Islamic finance through its successful management of two significant sukuk …
UAE’s SCA Reports $19.55 Billion Islamic Sukuk on Abu Dhabi Market
The Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) has recently approved the listing of a significant range of bonds and …
Saudi Aramco Issues $3 Billion Sukuk to Secure Dividend Stability
Saudi Aramco, the world’s most valuable energy company, has once again made headlines with its latest financial move. The oil giant raised a …
London Stock Exchange Welcomes Qatar Bank’s Perpetual Sukuk
Qatar International Islamic Bank (QIIB), founded in 1990, has emerged as a leading institution in Qatar’s banking sector, carving out a …
IILM Reissues US$990 Million Sukuk
The Malaysia-based International Islamic Liquidity Management Corporation (IILM) has once again made a significant impact on the global Islamic …
GCC Sukuk Issuance Jumps 38% in H1
The fixed-income market in the Gulf Cooperation Council (GCC) region has experienced remarkable growth in the first half of 2024, as highlighted in a …
Fitch Rates SAB Sukuk Limited’s Issuance Programme ‘A-‘/’F2’
Fitch Ratings recently announced the expected ratings for Saudi Awwal Bank’s (SAB) new trust certificate issuance program, demonstrating …
HSBC Asset Management Introduces Global Sukuk ETF
HSBC Asset Management has taken a bold step by introducing Europe’s first Shariah-compliant sukuk Exchange Traded Fund (ETF), a move that not only …
Pakistan Issues $1 Billion Sukuk Bond
Pakistan entered the Islamic-denominated Sukuk Bond market on Monday after a pause of four years for raising $1 billion at an offered yield of 7.95% …
Emirates Islamic Lists Another $500M Sukuk on Nasdaq Dubai
UAE’s Emirates Islamic has listed a $500m Sukuk on Nasdaq Dubai on November 2, 2021.
The five-year benchmark issuance rated A+ by Fitch Ratings was …
Emirates Islamic Successfully Closes $500M Sukuk Issuance
Investors showed strong appetite which resulted in an order book that peaked at $1.2 billion, which was 2.4 times the issuance size.
Emirates Islamic …
Sukuk Seen as Effective Funding Instrument to Manage Sustainability Transitions
Islamic bond or Sukuk is seen as an effective funding instrument to manage sustainability transitions, with approximately US$1.8 billion of …
Pakistan to Issue Dollar Sukuk By Year-End
Pakistan plans to issue a dollar-denominated Sukuk of $1 billion within the next two months as it seeks new funding sources to shore up the country’s …
COVID-19 To Put Global Sukuk Issuance To Reverse
Though it has looked like last year’s recession scare was a false alarm, the global Sukuk market is close to sending another signal about a slump. The …
COVID-19 To Impact GCC Sukuk Issuance In 2020
Global Islamic bond issuance is set to remain stable at around $180 billion
Dubai: Islamic finance is set to keep expanding in 2020 and beyond as the …
Sukuk Market Gaining Ground In Pakistan
The Sukuk market in Pakistan is witnessing substantial growth as the country increasingly taps into the potential of Islamic finance to diversify its …
Malaysia Leads in Issuance of Sukuk Bonds
Kuala Lumpur:- Malaysia is leading in issuance of Sukuk bonds with a ratio of 1:1 as compared to conventional bonds. Assistant Vice Chancellor, …
Egypt Intends to Offer International Bonds Worth $4bn Next Fiscal Year
Deputy Minister of Finance for Treasury Affairs Mohamed Moiet said that the government intends to offer international bonds worth $3-4bn in the coming …
XL Axiata, Indonesia to Offer Rp 2.18t Islamic Bonds
Jakarta. XL Axiata, Indonesia’s second-largest mobile phone operator is planning to raise Rp 2.18 trillion ($163 million) from selling …
Toyota, Aeon To Issue New Sukuk In Malaysia
Car maker Toyota and financial service firm Aeon Credit are the two Japanese companies that plan to raise sizeable fresh Shariah-compliant funds …
Global Experts To Discuss The Future Of The Green Bond And Sukuk Sector At The GEFF
The Green bond and sukuk sector grew by 50% compound annual growth rate according to the Climate Bonds Initiative
Dubai: The Global Ethical Finance …
Malaysia: RM38bil In Sukuk Planned For This Year
PETALING JAYA: Malaysia has more than RM38bil of sukuk issuances in the pipeline dominated by the private sector. Data recently compiled and updated …