NEWS in BRIEF

Bank Consortium Arranges US$2bn Debut Hybrid Murabaha/Conventional Financing Facility for EgyptDubai – A consortium of banks have arranged a US$2 billion hybrid Conventional and Islamic Syndicated Term Facility for the…

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Turkish Treasury Raises US$7.82bn Through Domestic and International Sukuk Al Ijarah Issuances from January to August 2020

The Turkish Treasury & Finance Ministry, beleaguered by the country’s deteriorating fiscal and macro-economic fundamentals on the back of the impact of COVID-19, continued to tap the domestic Sukuk and…

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Malaysia’s Innovative ‘People’s’ Sukuk Prihatin Aims to Connect Citizens Contribution to COVID-19 Economic Recovery

It is unusual for a sovereign issuer to issue debt papers in the name of patriotism and nationalism. But then the COVID-19 pandemic has unleashed unusual circumstances and demands on…

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Government of Dubai Returns to International Sukuk Market with a US$1bn COVID-19 Mitigation Issuance

The twin effects of the COVID-19 pandemic and the sharp decline in crude oil prices has impacted the fiscal and growth challenges in the Gulf Cooperation Council (GCC) countries. The…

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Saudi Electricity Company hires banks to arrange investor call for potential green sukuk – Published by Salaam Gateway – 9th September 2020

Saudi Electricity Company has hired banks to arrange an investor call for a potential debut international green sukuk, according to a document from one of the banks seen by Salaam…

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