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 …
Sukuk
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 …
Oman Central Bank Rejects Bank Muscat’s $1.3bn Sukuk Plan
Bank Muscat, Oman’s largest lender, has delayed plans to launch a 500 million rial ($1.3 billion) sukuk programme after the central bank …
Demand Grows For Islamic Finance Body IILM Sukuk
Demand for Islamic bonds issued by the International Islamic Liquidity Management Corp (IILM) is growing, signaling widening popularity for a …
Treet Corporation Pakistan Announces Rs539 Million Capital-Boosting Everlasting Sukuk
KARACHI: Treet Corporation Limited, a company that specialises in manufacturing good quality razors, has planned to issue capital-boosting Sukuk bonds …
Is Japan Ready To Enter Into the Field Of Islamic Finance Yet?
Although Japan is the third-largest economy in the world, it does not yet allow its banks to involve in any non-banking-related activities such as …
The Main Benefits That Result From Sukuk
The main advantage of sukuk is to comply with Sharia while boosting the standard of living in Islamic society and developing these societies’ …
Jordan Likely To Issue Islamic Sukuk Next Month
Jordan likely to issue Islamic sukuk next month.
The Central Bank of Jordan (CBJ) is likely to begin managing the first issue of Islamic sukuk …
Corporates Targeting Sukuk Amid Oil Price Slide
Dubai: The busiest year on record for sovereign Islamic bond sales is poised to be eclipsed as a revival in corporate issuance takes hold in …
Global Sukuk Issues To Reach RM525 billions In 2015
KUALA LUMPUR – The rising interest in Islamic financial instruments will help drive global Sukuk issuances to exceed US$150bil (RM525bil) in …
UK, Malaysia Dominated Sukuk Market In 2014
Malaysia through its government and corporates remained the largest Sukuk issuer in 2014, whilst British banks and legal firms continued to dominate …
How To Default On Sukuk Properly?
In conventional finance, those who default on their payments or that consistently pay late are usually penalized by altering their interest rates, …
Who Is Buying Sukuk?
Sukuk is the basis for the global Islamic financial market. However, as the appeal of Islamic financial instruments grows global, buyers from all …
The Sukuk Market: Local Vs Global
Critics of the sukuk market have noted that the sukuk market is more local or regional rather than a truely international market. There is a basis to …
Franklin Templeton: Positive On Malaysian Corporate Credit, Sukuk Assets
KUCHING: Franklin Templeton Investments’ portfolio strategy in Malaysia is to remain positive on the corporate credit and sukuk assets as the …
Oman Sovereign Fund Boosts Buying Of Local Stocks
MUSCAT, – Oman’s State General Reserve Fund ( SGRF ) has boosted its buying of shares in the local stock market as prices have slid to …
Ratings Of MRCB Southern Link’s Senior And Junior Sukuk Downgraded
RAM Ratings has downgraded the respective ratings of MRCB Southern Link Berhad’s MYR 845 million Senior Sukuk and MYR 199 million Junior Sukuk to BB1 …
Indonesia Project Sukuk Plan Sees Fivefold Rise: Islamic Finance
Indonesia is ramping up financing for new President Joko Widodo’s $439 billion development program, planning an almost fivefold increase in sales of …
Amundi’s CIO Braces For 4% Sukuk Yields On Oil: Islamic Finance
Islamic global bond yields may rise more than one percentage point next year to approach 4 percent on a double blow from falling oil prices and rising …
BNY Mellon Appointed Delegate And Paying Agent For DIFC Investments Sukuk
BNY Mellon has been appointed delegate, principal paying agent, registrar and transfer agent for a Sukuk launched by DIFC Investments LLC (DIFCI).
The …
Govt To Issue Rp 7.1 Trillion Project-Based Sukuk
The government, via the Finance Ministry, plans to issue Rp 7.14 trillion (US$570.9 million) worth of project-based sukuk (Islamic bonds) next year to …
Top Mideast Sukuk Fund Manager Prepares For Less Returns In 2015
The Middle East and Africa’s best-performing fund manager for Islamic bonds says average returns will slip next year as interest rates rise. …
Nakheel Says Paid $59.8m To Trade Creditor Sukuk
Dubai developer Nakheel has confirmed a profit payment of AED220mn ($59.8mn) on its trade creditor sukuk.
The company, which overstretched itself …