Oman Energy Development Announces 7-Year Sukuk Offering
State-owned Energy Development Oman (EDO) is gearing up for a major financial initiative with the launch of a U.S. dollar-denominated 7-year sukuk …
Sukuk
CBB’s Sukuk Al-Ijara Oversubscribed by 323%
MANAMA, (BNA): The Central Bank of Bahrain (CBB) has announced a remarkable achievement: the latest issuance of its short-term Islamic leasing bonds, …
Qatar Central Bank Issues QR 1.5 Billion in Treasury Bills and Islamic Sukuk
Doha, – In a significant move to bolster its financial markets, the Qatar Central Bank (QCB) has issued QR 1.5 billion in treasury bills and …
Sustainable Sukuk Market Guidance Launched by ICMA, IsDB, and LSEG
In a landmark collaboration, the International Capital Market Association (ICMA), the Islamic Development Bank (IsDB), and the London Stock Exchange …
Halal Is Sufficient And Haram Is Superfluous
The Islamic dietary laws delineate what is halal (permissible) and what is haram (forbidden), principles that are pivotal to the Muslim way of life. …
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 …
Al Rajhi Bank Secures $1bn Through Sustainable Islamic Bond Issuance
The senior unsecured US dollar-denominated sukuk carries a yield of 4.75% per annum, as reported in a Tadawul regulatory disclosure on Thursday. The …
Saudi Electric Co. to Issue Dollar-Denominated Islamic Bonds
In a recent bourse filing, Saudi Electricity Company (SEC), which is 75% owned by Saudi Arabia’s sovereign Public Investment Fund, disclosed its …
Green Sukuk Market Settle for Launch as Demand Grows
Kuala Lumpur – According to recent research*, experts in Islamic finance anticipate a boom in the green Sukuk market as demand rises. This …
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% …
Why Islamic Finance Is Booming Around The Globe?
There is no doubt that Islamic finance is growing around the world. Sector expert Camille Paldi says Islamic finance is booming, but it needs proper …
Country Garden Sets The Stage For First Chinese Sukuk
Asian issuers have been tapping the Islamic market for funding with increasing frequency in recent years, but most of that issuance has been …