Featured Islamic FinanceCapBay nets $7 mn to grow its Shariah-compliant supply chain finance armIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank... Read more
Islamic Finance MagazineThe changing landscape of Islamic bondsIFM CorrespondentDecember 10, 2021December 10, 2021 by IFM CorrespondentDecember 10, 2021December 10, 2021 The global Sukuk industry is worth more than $2.4 tn and grew by 11.4% in 2019... Read more
Featured Islamic BankingNigeria to issue $610 mn sovereign sukuk on its domestic marketIFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 The fund is being raised to finance road projects, according to the Debt Management Office... Read more
Featured Islamic BankingAhli United Bank Bahrain hire HSBC, JP Morgan for Sukuk saleWebAdminAugust 31, 2021 by WebAdminAugust 31, 2021 The bank is planning to sale US dollar-denominated five-year senior Sukuk... Read more
Featured Islamic BankingQatar International Islamic Bank mulls 100% foreign ownershipWebAdminJune 29, 2021 by WebAdminJune 29, 2021 At present, foreign investors hold 49% shares at the Qatar International Islamic Bank... Read more
Featured Islamic FinanceUAE Islamic banks record 5% increase in assets in 2020: Central BankWebAdminJune 21, 2021June 21, 2021 by WebAdminJune 21, 2021June 21, 2021 The investment represents around 19% of the total banking assets... Read more
Featured Islamic FinanceIndonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic developmentWebAdminJune 18, 2021 by WebAdminJune 18, 2021 The listing comes with a 10-year issuance of $1.25 bn and two issuances of $750 mm each, bringing Indonesia’s total value of listed sukuk to $19.75 bn... Read more
Featured Islamic FinanceOil behemoth Aramco begins Islamic bond saleWebAdminJune 8, 2021 by WebAdminJune 8, 2021 The sukuk sale, which began on June 7th, is expected to conclude on June 17th... Read more
Featured Islamic FinanceSaudi Arabia’s Alkhabeer Capital announces its second round of subscriptions for REIT fundWebAdminMay 31, 2021 by WebAdminMay 31, 2021 The company announced that the subscription period will be extended for 15 more working days... Read more
Featured Islamic FinanceGlobal Islamic Finance to grow by 12% in 2021-22: S&PPritam BordoloiMay 4, 2021 by Pritam BordoloiMay 4, 2021 The growth will be driven by increased sukuk issuance in key markets... Read more