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...
Tag : Sukuk
Oil behemoth Aramco begins Islamic bond sale
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...
NCB to raise more funds through dollar-denominated sukuk
NCB said that the number and value of any sukuk to be offered will be determined based on market conditions...
Dubai Islamic Bank sells additional $1 bn tier 1 sukuk
The bank received over $5.5 billion in orders for the debt sale...
Sharjah Islamic Bank plays a prominent role in Islamic banking
The bank’s efforts in combining modern innovation and traditional values have enabled it to become a leader in the UAE’s financial landscape...
Riyad Bank plans early redemption of $1.06 billion sukuk due in 2025
The bank has received regulatory approval for its sukuk redemption...
Alinma’s new fund to distribute periodic income
Such an investment vehicle will be of interest to asset managers and investors managing or interested in savings programmes that also promote a savings culture in Saudi Arabia...
GFH Financial lists $300 mn Sukuk on Nasdaq Dubai for further expansion
The listing will give GFH a competitive advantage as it forays into the international debt capital markets...
First Abu Dhabi Bank sells sterling-denominated bonds worth $584 mn
FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years...