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 : Sukuk
Aldar lists $500 mn sukuk on the Abu Dhabi Exchange
The sukuk carries a coupon rate of 3.875 percent for a period of 10 years...
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...
China’s ICBC lists two bonds worth $1 bn on Nasdaq Dubai
Each bond is worth $500 million—and reflect the financial and economic relationship between Dubai and China...
Saudi Arabia’s Dar Al Arkan to raise $600 mn through sukuk
The sukuk offers an interest rate of 7% and is due on 2025...
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...
Emaar Properties to issue Islamic bonds; hires Standard Chartered
The bond issuance is a part of the company’s $2 bn debt raising 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...
DP World raising $1 bn bonds to buy Topaz Energy and Marine
Citi and Standard Chartered Bank will help DP World arrange a series of investors meetings ahead of the Islamic bond issue...