IsDB Prices its First SOFR-linked Public Sukuk Issuance in 2025 with a USD1.75bn Sukuk Wakala Amid Volatile International Market Conditions The Islamic Development Bank (IsDB), the multilateral development bank (MDB)…
Pictured left to right:Astyanax Kanakakis (CEO and Co-Founder, norbloc)Callum Burgess (Director, Digital Partnerships and Business Solutions, DDCAP Group™)Stella Cox CBE, FCSI(Hon) (Managing Director, DDCAP Group™)Lawrence Oliver (Director, Deputy CEO, DDCAP…
NEWS in BRIEFMurabaha Credit Facilities Continue to Flourish as the Mainstay of Saudi Corporate Funding Primarily to Refinance More Expensive Debt and to Finance Expansion Riyadh – Big ticket Murabaha…
NDMC Sustains Unwavering Momentum of a Vibrant Saudi Riyal-denominated Market with a 4-Tranche Sovereign Sukuk Issuance Totalling SAR3,070.772mn (USD818.82mn) in February 2025 The signs of a vibrant Sukuk market are…
UAE Government Domestic Treasury T-Sukuk Momentum Continues in 2025 with Second Consecutive Auction on 25 February Raising an Aggregate AED1.1bn (USD300mn) Abu Dhabi – The dirham-denominated Islamic Treasury Sukuk (T-Sukuk)…
Regular Issuer Sharjah Islamic Bank Returns to International Market with Benchmark Senior Unsecured 5-Year US$500mn Sukuk Murabaha/Ijara Issuance to Successfully Close its 10th Sukuk Transaction to DateSharjah Islamic Bank (SIB),…
Tabreed Returns to the International Sukuk Market after Absence of 7 Years with Landmark USD700mn Murabaha/Ijara Green Sukuk as Demand for Cooling Services Rises in UAE and BeyondDubai-based The National…
Dubai Luxury Real Estate Developer DAMAC Successfully Closes its Latest Sukuk Issuance in the International Market with a US$750mn 3.5-year Senior Unsecured Sukuk in February 2025 DAMAC Real Estate Development…
Bahrain’s Bapco Energies Limited Returns to International Sukuk Market with Benchmark US$1bn Hybrid Sukuk Murabaha/Ijara Offering with a 10-Year Tenor in January 2025 Bapco Energies BSC (formerly The Oil and…
PIF Islamic Mortgage Securitisation Subsidiary Saudi Real Estate Refinance Company (SRC) Completes Pricing of its Inaugural Government-Guaranteed US$2bn International Sukuk OfferingAnother major new debutant in addition to Ma’aden to the…