NEWS in BRIEF
South African Electricity Utility Eskom Inches Nearer to Debut Domestic R1bn Sukuk Issuance with RFP for Corporate Services in November 2020Johannesburg – South African electricity utility, Eskom Holdings, is inching…
South African Electricity Utility Eskom Inches Nearer to Debut Domestic R1bn Sukuk Issuance with RFP for Corporate Services in November 2020Johannesburg – South African electricity utility, Eskom Holdings, is inching…
The global Islamic finance industry lost another pioneer in internationally respected Sharia’a scholar and advisor Dr Abdul Sattar Abu Ghuddah, who passed away aged 80 on Friday 23 October 2020…
Malaysian Finance Minister Tengku Zafrul Tengku Abdul Aziz continued the tradition of government support for the Islamic finance sector in his National Budget 2021 presented to parliament on 6 November…
The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in November 2020 with a two-tranche offering totalling SAR794.5…
The Government of Oman represented by the Ministry of Finance (MoF) returned to the market in November 2020 with two Omani Rial Sukuk issuances – one an institutional and the…
Kuwait International Bank (KIB), formerly the Kuwait Real Estate Bank which converted into a fully Sharia’a-compliant institution, returned to the Sukuk market on 22 November 2020 after an absence of…
Cagamas Berhad, the National Mortgage Corporation of Malaysia, one of the most prolific issuers of Sukuk, continued its debt paper issuance on 23 November 2020 with a combined 2-tranche offering…
Arab National Bank Issues US$750m Tier 2 Capital SukukRiyadh – Arab National Bank (ANB) is the latest Saudi bank to tap the Sukuk market to boost its capital. In October…
One of the unfortunate consequences of the economic impact of the COVID-19 pandemic is the severe disruption of private sector trade and commercial business, including that of small-and-medium-sized enterprises (SMEs),…
The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in October 2020 with a two-tranche offering totalling SAR270…