Malaysian Finance Minister Guan Eng Launches Islamic Economic Blueprint to Support Greater Linkages Between Islamic Finance and the Halal Economy with Further Tax Incentives for Sukuk Issuance and SRI Funds

Malaysian Finance Minister, Lim Guan Eng, in his National Budget 2020 speech to the Dewan Rakyat (the Parliament) on 11 October 2019, has followed his predecessors in tabling an ambitious…

Continue ReadingMalaysian Finance Minister Guan Eng Launches Islamic Economic Blueprint to Support Greater Linkages Between Islamic Finance and the Halal Economy with Further Tax Incentives for Sukuk Issuance and SRI Funds

Leading Saudi Property Developer Dar Al Arkan Issues US$600m Benchmark Sukuk Boosted by its Inclusion in the MSCI Emerging Markets Index

Dar Al Arkan Real Estate Development Company, the largest publicly listed Saudi Arabian residential property developer, successfully closed its latest benchmark Sukuk offering – a 5-Year US$600 million Regulation S…

Continue ReadingLeading Saudi Property Developer Dar Al Arkan Issues US$600m Benchmark Sukuk Boosted by its Inclusion in the MSCI Emerging Markets Index

IsDB Issues Second US$1.5bn Sukuk in International Market in September as Increased Central Bank Subscription Underlines MDB’s Credit Strength

The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the OIC countries, returned to the international market by successfully pricing a US$1.5 billion 5-year Trust Certificates (Sukuk) transaction…

Continue ReadingIsDB Issues Second US$1.5bn Sukuk in International Market in September as Increased Central Bank Subscription Underlines MDB’s Credit Strength

Malaysia Pushes Digital Economy and FinTech with a Variety of Incentives Some Linked to the Halal Economy While GCC and Indonesia Push Ahead in Their Own Way

The Malaysian Government and its two main financial regulators, Bank Negara Malaysia (BNM), the central bank, and the Securities Commission Malaysia (SC) continue their drive to push the digital economy,…

Continue ReadingMalaysia Pushes Digital Economy and FinTech with a Variety of Incentives Some Linked to the Halal Economy While GCC and Indonesia Push Ahead in Their Own Way

Saudi Arabia Returns to International Market With $2.5bn Sukuk Consolidated by a Tenth Consecutive SR7.265 billion Domestic Issuance as October Volume Tops $4.44bn

True to the earlier announcement by Dr Fahd Al-Saif, Director General of the Debt Management Office (DMO) of the Saudi Ministry of Finance (MoF), that the Kingdom would issue a…

Continue ReadingSaudi Arabia Returns to International Market With $2.5bn Sukuk Consolidated by a Tenth Consecutive SR7.265 billion Domestic Issuance as October Volume Tops $4.44bn