It is not only sovereign Sukuk issues that are keeping the momentum of Sukuk issuance in 2021, but also, multilateral, corporate and bank offerings, which thus far strongly point to…
BNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International SettlementsBank Negara Malaysia (BNM), together with three other prominent banking regulatory…
The resilience of Sukuk issuance especially during times of crisis such as the ongoing COVID-19 pandemic, now well into its second year, continues in 2021 with total gross short and…
Kuveyt Türk Katilim Bankasi (KTKB), the Turkish subsidiary of Kuwait Finance House and one of the largest participation banks in terms of assets, returned to the international Sukuk market in…
Contact Financial Holding Issues its Second EGP2.5bn (US$159.22m) Mudaraba Sukuk as Egypt Gears up to Issue its Maiden Sovereign SukukCairo – Corporate Sukuk issuances from Egypt, hitherto absent from the…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its seventh consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a two-tranche SAR10.412 billion (US$2,772.62 million)…
The launching of Digital Banks (DBs) in traditional Islamic finance markets is fast gaining momentum especially in the two largest such markets, namely Saudi Arabia and Malaysia, signifying that digitisation…
Sustainability Sukuk issuances continues to gain momentum in member countries of the Islamic Development Bank (IsDB) Group to help agencies, banks and companies transition to a Green Circular Economy in…
Dubai-based international property developer, Emaar Properties, returned to the Sukuk market after a hiatus of two years to successfully close its latest offering, a Reg S US$500 million benchmark Sukuk…
The Government of Sharjah, through its Finance Department, returned to the international Sukuk market with a benchmark Reg S 10-year US$750 million Sukuk Murabaha/Ijara issuance on 13 July 2021 maturing…