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…

Continue ReadingDIB 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

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…

Continue ReadingIsDB Gives Green Finance and Sukuk a Major Market Making Boost With its Debut €1bn Green Sukuk With More Such Issuances in the Offing