NEWS in BRIEF
The Maldives Follows its Maiden US$200m Hybrid Sukuk in March 2021 with a US$100m Tap Issuance in April in a Further Bid to Diversify its Sources of Public Debt FundingMahe…
The Maldives Follows its Maiden US$200m Hybrid Sukuk in March 2021 with a US$100m Tap Issuance in April in a Further Bid to Diversify its Sources of Public Debt FundingMahe…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its fourth consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a two-tranche SAR11,713 million (US$3,123 million)…
No sooner had the Government of Malaysia’s pioneering maiden US$1.3 billion Sustainability Sukuk marked the market in April 2021, the country’s sovereign wealth fund (SWF), Khazanah Nasional Berhad launched its…
With a motley of directives relating to ESG, SDG, Climate-related, Sustainability, Diversity and Corporate Governance emanating in recent times from the various gatekeepers of international finance and regulators, the Securities…
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE in terms of assets and a prolific issuer of Sukuk, successfully priced its latest benchmark US$500 million Perpetual Non-Call…
After an absence of over four years the Government of Malaysia (GOM) returned to the international Sukuk market on 22 April 2021 with yet another first - this time with…
SHUAA Capital Arranges US$50m ‘First-of-its-Kind’ Structured Sukuk for ESG Technology-enabled Agribusiness PHSF Dubai – UAE-based asset management company, SHUAA Capital, arranged a US$50 million Structured Sukuk on 15 March 2021…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its third consecutive monthly issuances of Riyal-denominated sovereign Sukuk with a two-tranche SAR7,673.80 million (US$2,046.11 million)…
Despite the impact of COVID-19, the Malaysian capital market showed its resilience by registering an overall 7% growth in 2020 compared with 3% in 2019. According to the 2020 Annual…
The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the OIC (Organisation of Islamic Cooperation) countries, successfully priced its first public debt issuance in 2021 – a US$2.5…