CurrencyFeaturedUAE T-Sukuk to support Islamic finance ecosystem, investment optionsIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 The T-Sukuk will initially be issued with terms of 2, 3, or 5 years, with a 10-year sukuk following at a later time... Read more
FeaturedIslamic FinanceIslamic bonds see growth amid oil price surgeIFM CorrespondentApril 4, 2022April 4, 2022 by IFM CorrespondentApril 4, 2022April 4, 2022 High oil prices are a key driver of this growth of Sukuk.... Read more
Islamic FinanceMagazineThe 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
FeaturedIslamic 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
FeaturedIslamic 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
FeaturedIslamic 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
FeaturedIslamic 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
FeaturedIslamic 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
FeaturedIslamic BankingNCB to raise more funds through dollar-denominated sukukPritam BordoloiJanuary 18, 2021 by Pritam BordoloiJanuary 18, 2021 NCB said that the number and value of any sukuk to be offered will be determined based on market conditions... Read more
FeaturedIslamic BankingDubai Islamic Bank sells additional $1 bn tier 1 sukukPritam BordoloiNovember 13, 2020 by Pritam BordoloiNovember 13, 2020 The bank received over $5.5 billion in orders for the debt sale... Read more