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 …
Sukuk
Banque Saudi Fransi Raises $800M with Riyal-Denominated Sukuk Offering
In a strategic move that underscores its robust financial foresight, Banque Saudi Fransi (BSF) has completed a significant issuance under its …
Can the UK Become the Leading Western Hub for Islamic Finance?
The United Kingdom has long been recognized as a pivotal player in the global Islamic finance industry, serving as a significant Western hub for …
SECP Develops Alternate Shariah-Compliant Structure for Short-Term Sukuk Issuance
Islamabad — The Securities and Exchange Commission of Pakistan (SECP) is making significant strides in developing the country’s financial markets by …
PSX Set to Auction Rs. 100 Billion Sukuk on August 15
The Pakistan Stock Exchange (PSX) is preparing for a significant financial event with its 12th Sukuk Auction scheduled for August 15, 2024. This …
ESG Sukuk Issuance in the GCC Reaches $18.5 Billion by Mid-2024
The realm of sustainable finance has seen remarkable growth in recent years, with Environmental, Social, and Governance (ESG) sukuk emerging as a …
Global ESG Sukuk Market Grows Strongly in Early 2024; Fitch Forecasts Q3 Slowdown
The global ESG sukuk market has experienced substantial growth in the first half of 2024, with a remarkable 41% year-on-year increase, reaching an …
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 …
Maybank Leads RM4B Sukuk for Sarawak Petchem Plant
Maybank has announced its significant role in financing and providing hedging facilities for Sarawak Petchem’s first methanol production plant, …
Nigeria’s First Sukuk Bond of N100 Billion Set to Mature in September 2024
Nigeria’s first Sukuk bond, valued at N100 billion and issued on September 26, 2017, is set to mature on September 26, 2024. This milestone …
Samaiden Launches RM1.5b Sustainability Sukuk for Renewable Energy Growth
Kuala Lumpur. Samaiden Group Berhad has launched an impressive RM1.5 billion multi-currency Sustainability Sukuk Wakalah program to advance its …
Binghatti Sukuk Tap Achieves 420% Oversubscription
In a striking development in the finance sector, Dubai’s prominent real estate developer, Binghatti, has again made headlines with its recent …