UAE likely to launch more local currency Sukuk: S&P
The local dirham-denominated Islamic bond market is still in its infancy, so local players are still raising funds by issuing dollar and other foreign currency-denominated Sukuk...
Tag : Sukuk
Commercial Bank of Dubai raises USD 500 million through sale of green bonds
Commercial Bank of Dubai, listed on the Dubai Financial Market, owns a 20% stake in the Investment Corporation of Dubai, the main investment arm of the Government of Dubai...
UAE T-Sukuk to support Islamic finance ecosystem, investment options
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...
Islamic bonds see growth amid oil price surge
High oil prices are a key driver of this growth of Sukuk....
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
by WebAdmin
The bank is planning to sale US dollar-denominated five-year senior Sukuk...
Indonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic development
by WebAdmin
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
by WebAdmin
The sukuk sale, which began on June 7th, is expected to conclude on June 17th...
Global Islamic Finance to grow by 12% in 2021-22: S&P
The growth will be driven by increased sukuk issuance in key markets...