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 …
Sukuk
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 …
JPMorgan Leaps To 2nd Islamic Bond, Sukuk Spot As HSBC Keeps Lead
JPMorgan Chase & Co didn’t do enough deals the past two years to rank among the top Islamic-bond underwriters in the Gulf. This year, they’ve …
First HK Sukuk Listed In Dubai
DUBAI, Dubai saw on Thursday the listing of the very first Islamic bond or sukuk in its stock market by China’s Hong Kong Special …
Pakistan: Sukuk Receipt Pushes Dollar Reserves Up To $14b
Pakistan’s much-needed foreign exchange reserves have risen to $ 14 billion during the last week.
The central bank Thursday reported to have …
Dubai’s Nakheel Says Paid $59.8m To Trade Creditor Sukuk
Dubai developer Nakheel on Thursday confirmed a profit payment of AED220 million ($59.8 million) on its trade creditor sukuk.
The company, which …
The Challenges Of Structuring CoCo Sukuk
We have seen in the past how some universal banks accepted capital injection from outside investors in what would be described as unfavorable terms …
Global Sukuk Issuance Set To Hit $175 Billion In 2015
Demand from Gulf, SE Asia investors continues to exceed supply.
Dubai: With the potential demand for sukuk expected to outstrip supply, the global …
Sukuk For Vaccine Fund Ushers Islamic Finance Into Ethical Sphere
The latest entrant into Islamic finance is leading the industry in the new direction of socially responsible investment – which could even …
Thomson Reuters Announces 2015 Findings of Annual Sukuk Perceptions and Forecast Report at WIBC 2014
Market confident: Survey of 44 lead arrangers and 106 investors reveal market confidence: most expect a boost in sukuk issuance in 2015, to be between …
Moody’s Assigns A3 Rating To Cagamas Global Sukuk’s Programme
Moody’s has assigned a provisional A3 rating to Cagamas Global Sukuk Berhad’s proposed $2.5bn multi-currency sukuk programme, as sukuk …
Islamic Banking: Kenya To Issue Its Debut Sukuk In 2015/16 Financial Year.
Kenya will issue its debut sukuk in the next financial year, not this one as some had expected, after it opted to borrow an additional $750 million …
Pak Sukuk Excitement Fades As Index Ends In The Red
KARACHI: The Sukuk offering helped the index off to a positive start before institutional selling took its toll as the market ended in the red.
At …
Has Sukuk Euphoria Waned In Pakistan?
Kudos to Finance Minister Ishaq Dar for another feather in his cap! Pakistans re-entry into the Sukuk market after a hiatus of many, many years has …
Moody’s Assigns (P)Caa1 To Pakistan’s Sovereign Sukuk
Moody’s Investors Service has assigned a provisional (P) Caa1 senior unsecured rating to the proposed US dollar Trust Certificates to be issued …
Turkiye Finans Gets Nod For 71 m Lira Sukuk
Turkish Islamic lender Turkiye Finans has received regulatory approval to raise 71 million lira ($31.5 million) via sukuk, or Islamic bonds, …
Pakistan Set To Conclude $1bn Sukuk Transaction On 26th
ISLAMABAD: Pakistan, eyeing to raise up to $1 billion by issuing dollar-dominated sukuk, will conclude the transaction on the evening of November 26 …
MUSCAT: CBO To Issue RO200mn In Development Bonds
Muscat – The CBO is preparing to launch a RO200mn government development bond (GDBs) issue. H E Hamood al Zadjali, executive president of CBO, …
Clifford Chance Advises Advanced Petrochemical Company On Its Inaugural SAR1 Billion Sukuk Issuance
Clifford Chance advised Advanced Petrochemical Company on its debut sukuk issuance. The sukuk was issued with a face value of SAR1 billion, with a …
KPJ Gets Nod For RM1.5bn Sukuk Scheme
PETALING JAYA: KPJ Healthcare Bhd has received the authorisation from the Securities Commission for the proposed Islamic commercial papers (ICP) and …
Islamic Finance Body AAOIFI To Revise Four Standards, Eyes Sukuk
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will revise four of its standards in the first half …