KIB Returns to International Market After an Absence of More than 12 Months with a US$300m Subordinated Tier II Sukuk Wakalah Issuance

Kuwait International Bank (KIB), formerly the Kuwait Real Estate Bank which converted into a fully Sharia’a-compliant institution, returned to the Sukuk market on 22 November 2020 after an absence of…

Continue ReadingKIB Returns to International Market After an Absence of More than 12 Months with a US$300m Subordinated Tier II Sukuk Wakalah Issuance

Malaysia’s Mortgage Securitiser Cagamas Keeps Sukuk Issuance Momentum Going with Flurry of Offerings in November 2020 totalling RM2.5bn

Cagamas Berhad, the National Mortgage Corporation of Malaysia, one of the most prolific issuers of Sukuk, continued its debt paper issuance on 23 November 2020 with a combined 2-tranche offering…

Continue ReadingMalaysia’s Mortgage Securitiser Cagamas Keeps Sukuk Issuance Momentum Going with Flurry of Offerings in November 2020 totalling RM2.5bn