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…
Robust Investor Demand for Masraf Al Rayan’s Benchmark US$750m Sukuk Issuance
Masraf Al Rayan, the second largest Islamic bank in Qatar in terms of assets, successfully closed its latest Sukuk issuance in August 2020 – a benchmark fixed rate Regulation S…
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…
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…
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…
GLOBAL ISLAMIC FINANCE AWARDS 2020 (“GIFA”), ISLAMABAD PAKISTAN- 14th September 2020
DDCAP Group™ is honoured and privileged to have been awarded both the 2020 GIFA Market Leadership Award (Facilitation & Support) and the Best Islamic Finance Technology Product 2020 for ETHOS…
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…