Islamic bonds see growth amid oil price surge
High oil prices are a key driver of this growth of Sukuk....
Tag : Islamic Finance
CapBay nets $7 mn to grow its Shariah-compliant supply chain finance arm
The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank...
The changing landscape of Islamic bonds
The global Sukuk industry is worth more than $2.4 tn and grew by 11.4% in 2019...
Nigeria to issue $610 mn sovereign sukuk on its domestic market
The fund is being raised to finance road projects, according to the Debt Management Office...
Ahli United Bank Bahrain hire HSBC, JP Morgan for Sukuk sale
The bank is planning to sale US dollar-denominated five-year senior Sukuk...
Qatar International Islamic Bank mulls 100% foreign ownership
At present, foreign investors hold 49% shares at the Qatar International Islamic Bank...
UAE Islamic banks record 5% increase in assets in 2020: Central Bank
The investment represents around 19% of the total banking assets...
Indonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic development
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...
Oil behemoth Aramco begins Islamic bond sale
The sukuk sale, which began on June 7th, is expected to conclude on June 17th...
Saudi Arabia’s Alkhabeer Capital announces its second round of subscriptions for REIT fund
The company announced that the subscription period will be extended for 15 more working days...