IsDB Closes its Third SOFR-linked Public Sukuk Issuance in 2024 with Hybrid €500mn (USD 527.23mn) Sukuk in October The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the…
Entry of Türkiye Wealth Fund into International Financial Market with Debut USD750mn Sukuk Al Ijarah Set to Boost Istanbul Financial Centre as a Major Regional Issuance Hub The entry of…
Türkiye Consolidates its Position as a Serious Issuer of International Sukuk with Three Transactions in October and November 2024 Totalling USD3.46bn Sovereign Türkiye returned to the international financial market with…
Indonesia Returns to International Market with Second Sukuk Wakala Offering Totalling USD2.75bn in 2024The Republic of Indonesia, one of the most proactive Sukuk issuers in both the international and domestic…
NEWS in BRIEFIsDB Board Approves Substantial USD3bn of Comprehensive New Financing for 17 Member Countries Covering 20 Projects with a Focus on Francophone Markets and Euro-denominated FundingJeddah – In one…
Riyad Bank Returns to the International Market in September with a Repeat Perpetual USD750mn AT1 Capital Sustainable Mudaraba Sukuk as Such Offerings Flourish Among Islamic Banks in 2024Riyad Bank is…
NDMC Continues its Sovereign Domestic Sukuk Issuance Momentum in October 2024 through a 5-Tranche Auction Raising SAR7.83bn (USD2.1bn) as Volume of Issuances Reaches a Staggering SAR64.50bn (US$15.12bn) in the First…
New Entrant Qatar’s Dukhan Bank Joins Major GCC Islamic Banks in the International Financial Market with Debut USD800mn Sukuk Wakala/Murabaha Issuance to Boost Balance Sheet ActivitiesThe entry of the newish…
Government of Sharjah Returns to International Sukuk Market with Benchmark US$750m Murabaha/Ijara Sukuk in October 2024 Amid Strong Demand from InvestorsThe Government of Sharjah, through its Finance Department, returned to…
UAE Government Domestic Treasury T-Sukuk Momentum Continues with Auctions in September and October Raising an Aggregate AED2.2bn (USD600mn) as Total Volume of Issuances for January-October 2024 Tops AED10.5bn (US$2.85bn) Due…