Dar Al Arkan lists $600 mn sukuk on Nasdaq Dubai
The sukuk, which has a coupon rate of 6.75%, was oversubscribed by more than two-fold...
Tag : Islamic Finance
World’s first blockchain sukuk: BMT Bina Ummah raises $50K
BMT Bina used the SmartSukuk platform introduced by Blossom Finance to fund micro-SMEs and entrepreneurs...
DIFC records 45% growth in Islamic assets in Q2 2019
Islamic finance sector is growing at a rate of 1.5 times more than traditional finance...
Islamic financial assets grow over $2 tn globally: IMF
Almost 85% of these assets are from the banking sector...
Overtaking SE ASia: How can GCC lead the Sukuk market?
With concerted efforts from the governments and private sector the GCC can challenge Southeast Asia in Sukuk issuances...
Emaar’s 10-year sukuk to generate 3.9% annual return
The sukuk is part of Emaar’s $2 billion trust certificate issuance programme...
Moody’s: Islamic Bond issuance to hit $130 bn in 2019
Total issuance in H1 2019 increases by 37% to $87 bn when compared to the same period last year...
China’s BRI might spur development in Islamic finance
China seeks Islamic finance as it requires funds for construction of corridors in the Middle East, Africa and Europe...
Noor Bank customers can buy Sharia products using credit cards
Noor Bank and National Bonds sign a strategic deal to reduce impulse purchase behaviour at stores through the new scheme...
More firms turn to Islamic finance for development projects
“It is our experience that sukuk-based solutions are establishing themselves as an increasingly attractive alternative for the funding of infrastructure and development projects," says Zahid Aslam, managing director of Investment Banking at Dalma Capital Management Limited...