NEWS in BRIEF
Gulf International Bank (GIB) Successfully Closes its Maiden USD500mn Syndicated Murabaha Facility as Market Demand Shows no Sign of AbatingManama – Big ticket Commodity Murabaha Syndications continue to flourish in…
Sovereign Domestic Sukuk – Saudi Arabia
NDMC Sustains Saudi Riyal Sovereign Sukuk Issuance in May 2025 Ahead of the Eid-ul-Adha Break with a 4-Tranche Offering Totalling SAR4.1bn (USD1.1bn) and a Standalone SAR60.3bn (USD16.08bn) Sukuk Offering Bringing…
Sovereign Domestic Sukuk – UAE Treasury T-Sukuk
UAE Government Domestic Treasury T-Sukuk Momentum Continues in 2025 with Successful Auction on 20 May Raising an Aggregate AED1.1bn (USD300mn) with a Subscription Orderbook of AED6.93bn (USD1.89bn)The dirham-denominated Islamic Treasury…
Bank Sukuk – Saudi National Bank SAR1.73bn (USD461.26mn) Sukuk
SNB Returns to the Market with Second AT1 Sukuk Offering in Six Months with a SAR1.73bn (USD461.26mn) Additional Tier 1 Capital Sukuk Wakala Offering in May 2025 The Saudi National…
Sovereign Domestic Sukuk – FGN ₦300bn Sukuk Ijarah
Seventh Offering of Federal Government of Nigeria ₦300bn Sukuk Ijarah Oversubscribed by 735% as Road Infrastructure Linked Sukuk Comes of Age At its seventh attempt, is the Federal Government of…
Real Estate – Sobha Realty USD500mn Sukuk Wakala/Murabaha
Dubai-based Sobha Realty Taps International Market with a Benchmark Senior Unsecured USD500mn Wakala/Murabaha Sukuk as Real Estate Developers Cash in on Market ConditionsDubai-based Sobha Realty, a leading global luxury real…
Bank Sukuk – AlRayan Bank USD500mn Sukuk Wakala
Robust Investor Demand for AlRayan Bank Senior Unsecured RegS Sukuk Wakala Certificates as Bank Returns to the International Sukuk Market After Hiatus of 5 Years Qatar’s second largest Islamic bank…
Bank Sukuk – Boubyan Bank USD500mn Sukuk Wakala/Murabaha
Boubyan Bank Raises USD500mn Through 5-Year Fixed Rate Sukuk Wakala/Murabaha in May as Kuwait Lifts Restrictions on Government and Central Bank to Access Public Debt Market These are exciting times…
Bank Sukuk – Sharjah Islamic Bank Perpetual AT1 USD500mn Sukuk
Regular Issuer Sharjah Islamic Bank Returns to International Market with Second Benchmark Senior Unsecured Issuance in 2025 - a USD500mn Perpetual Non-Call 6 Years AT1 Capital Sukuk Mudaraba Issuance in…
Bank Sukuk – Alinma Bank USD500mn AT1 Sustainable Sukuk Mudaraba
Alinma Bank is the Fourth Saudi Islamic Bank in May 2025 to Issue Additional Tier 1 Capital Perpetual Sustainable Sukuk Mudaraba, with a USD500mn Issuance Alinma Bank, one of the…