NEWS in BRIEF
Saudi Mall Operator ACC Latest Corporate to Issue Maiden Benchmark US$500m Sukuk Jeddah - Saudi Arabia’s biggest mall operator, Arabian Centres Company (ACC), is the latest Saudi corporate to venture…
QIIB Second Sukuk in 2019 Nine Times Oversubscribed at Lowest Pricing for an AT1 Issuance from the GCC on the Back of Strong Qatari Economic and Banking Sector Fundamentals
Qatar International Islamic Bank (QIIB), one of the oldest Islamic banks in the emirate, successfully closed the issuance of its second Sukuk offering in the international market in 2019 –…
Saudi DMO Completes 11th Consecutive Sovereign Domestic Sukuk in November as Issuances for the Year Top $17.26bn
The Debt Management Office (DMO) of the Saudi Ministry of Finance continued its domestic Saudi riyal-denominated Sukuk issuance in November 2019 with its latest offering of a SR1.415 billion (US$380…
Malaysia’s SC Launches SRI Roadmap for Capital Market to Create Ecosystem to Drive Sustainable Investments and Development
Malaysia’s commitment to develop the country into a world-class regional hub for Sustainable and Responsible Investment (SRI) took an important step forward on 25 November 2019 in Kuala Lumpur when…
DIB Closes Second Benchmark US$750m Sukuk in 2019 on the Back of Strong Nine Months Financials as UAE Islamic Finance Market Share Tops 23 Per Cent
Dubai Islamic Bank (DIB), the oldest commercial Islamic bank in the world and a prolific repeat issuer of Sukuk, successfully issued its second Sukuk in the international market in 2019…
IsDB Gives Green Finance and Sukuk a Major Market Making Boost With its Debut €1bn Green Sukuk With More Such Issuances in the Offing
Green Sukuk and Green finance received a major boost in November 2019 following the establishment of a Sustainable Finance Framework (SFF) by the Islamic Development Bank (IsDB) Group, and the…