The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) Saudi Arabia kicked off its 2022 Saudi Riyal-denominated Sukuk Issuance Programme with a two-tranche offering totalling SAR2.833…
Sukuk issuances linked to Sustainability, ESG, SRI and Green Finance continue to gain momentum in the global Islamic capital market, albeit the pace of issuances could be even more urgent…
The Sukuk market in 2022 has started with a big bang continuing where it had left off in a record 2021 with US$252.3 billion of primary issuances, according to Fitch…
The Government of Pakistan returned to the international market after an absence of four years with the first sovereign Sukuk issuance of 2022 with a US$1 billion Unsubordinated Reg. S…
Dubai Islamic Bank (DIB), one of the most prolific and regular issuers of Sukuk by a financial institution and the largest Islamic bank in the UAE in terms of assets,…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) Saudi Arabia completed its 2021 Government Debt Borrowing Programme raising SAR125 billion (US$33.28 billion) in the process.…
Kuwaiti Islamic bank, Warba Bank, successfully closed its latest Sukuk offering – a US$250 million Perpetual Tier-1 Capital Mudaraba Sukuk - in November 2021. The certificates were issued by Warba…
The Federal Government of Nigeria (FGN) continued to build up a yield curve for its naira-denominated FGN Sovereign Domestic Sukuk with its fourth offering to date on 23 December 2021…
Cenergi SEA Bhd, the sustainable and renewable energy subsidiary of Malaysian sovereign wealth fund, Khazanah Nasional Bhd, successfully issued its maiden ASEAN SRI Green Sukuk on 23 December 2021– a…
The Bank of England’s (BoE) much anticipated Alternative Liquidity Facility (ALF) went live on 2 December 2021 when it started taking deposits from participating UK-based Islamic banks and Islamic Banking…