NDMC Starts 2025 with a SAR3,723.5mn (USD992.76mn) 4-trance Sukuk Offering and Further Secures a USD2.5bn (SAR9.4bn) Murabaha Revolving Credit Facility to Help Meet the Kingdom’s 2025 Budgetary RequirementsThese are exciting…
UAE Government Domestic Treasury T-Sukuk Momentum Continues in 2025 with First Auction on 21 January Raising an Aggregate AED1.1bn (USD300mn) Abu Dhabi – The dirham-denominated Islamic Treasury Sukuk (T-Sukuk) first…
Riyad Bank Issues Perpetual SAR2bn (USD530mn) Benchmark Additional Tier 1 Capital Sukuk Offering Through a Private Placement to Boost its Capital Under Basel III RequirementsAnother Saudi bank which raised funds…
Bank Al Jazira Taps Local Market for a Perpetual SAR1bn (USD270mn) Additional Tier 1 Capital Sukuk Offering Through a Private Placement to Boost its Capital under Basel III Bank Al…
BSF 5-Year USD750mn Sukuk Wakala/Murabaha Secures Huge Investor Demand With a 5x Oversubscription and ‘the Tightest Credit Spread for a Saudi Bank Issuer Ever’Banque Saudi Fransi (BSF), a regular issuer…
FAB Closes 4th Annual Consecutive Offering in the International Market with a USD600mn Benchmark Sukuk Wakala/Murabaha January is usually the month when Islamic banking majors scramble to access the international…
Kingdom of Bahrain Returns to International Financial Market with 7-Year USD1.25bn Sukuk Wakala/Murabaha/Ijara Issuance The Kingdom of Bahrain acting through the Ministry of Finance and National Economy, is the latest…
KFH Leverages First Mover Advantage to Issue First USD Global Sukuk of 2025, a USD1bn Sukuk Wakala/Murabaha Offering with a 5-Year Tenor Kuwait Finance House (KFH), the second oldest commercial…
Al Rajhi Bank Successfully Closes its Second USD1.5bn AT1 Sustainable Sukuk Wakala/Mudaraba in a Year to Boost its Tier 1 Capital and Financing Under its Sustainable Finance Framework Al Rajhi…
Saudi SWF, Public Investment Fund (PIF), Raises Impressive USD7bn in Inaugural Syndicated Murabaha Credit Facility as Part of its Medium-term Fund-Raising Strategy As far as debut credit facilities are concerned,…