Read more about the article ICM Continues its Resilience and Dominance in RM3.4 Trillion Malaysian Capital Market Despite Impact of COVID-19 in 2020 Surpassing RM2.3 Trillion with 66% Market Share

ICM Continues its Resilience and Dominance in RM3.4 Trillion Malaysian Capital Market Despite Impact of COVID-19 in 2020 Surpassing RM2.3 Trillion with 66% Market Share

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…

Continue ReadingICM Continues its Resilience and Dominance in RM3.4 Trillion Malaysian Capital Market Despite Impact of COVID-19 in 2020 Surpassing RM2.3 Trillion with 66% Market Share
Read more about the article IsDB Issues Largest Ever US$2.5bn Sustainability Sukuk as Part of its Wide-ranging Response to COVID-19 Economic Recovery in Member Countries

IsDB Issues Largest Ever US$2.5bn Sustainability Sukuk as Part of its Wide-ranging Response to COVID-19 Economic Recovery in Member Countries

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…

Continue ReadingIsDB Issues Largest Ever US$2.5bn Sustainability Sukuk as Part of its Wide-ranging Response to COVID-19 Economic Recovery in Member Countries
Read more about the article HM Treasury Takes Market by Surprise with Quick Turnaround of UK’s Second Sovereign STG500m Sukuk Issuance at a “Good Price for the Taxpayer”

HM Treasury Takes Market by Surprise with Quick Turnaround of UK’s Second Sovereign STG500m Sukuk Issuance at a “Good Price for the Taxpayer”

HM Treasury marched to market the UK’s second sovereign Sukuk – a 5-year benchmark STG500 million Sukuk Ijara on 25 March 2021, following an absence of 7 years from the…

Continue ReadingHM Treasury Takes Market by Surprise with Quick Turnaround of UK’s Second Sovereign STG500m Sukuk Issuance at a “Good Price for the Taxpayer”
Read more about the article Saudi NDMC Issues Second Consecutive Monthly Domestic Sukuk with SAR3,160m (US$842.47m) Offering in February as Total for First Two Months 2021 Tops SAR11,216m (US$2,990.23m)

Saudi NDMC Issues Second Consecutive Monthly Domestic Sukuk with SAR3,160m (US$842.47m) Offering in February as Total for First Two Months 2021 Tops SAR11,216m (US$2,990.23m)

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) continued its consecutive monthly issuances of Riyal-denominated sovereign Sukuk with a two-tranche SAR3,160 million (US$842.47 million) offering…

Continue ReadingSaudi NDMC Issues Second Consecutive Monthly Domestic Sukuk with SAR3,160m (US$842.47m) Offering in February as Total for First Two Months 2021 Tops SAR11,216m (US$2,990.23m)
Read more about the article ‘Big Three’ Rating Agencies See Noticeable Increase in Islamic Finance Assets and Uptake in Africa in 2021 as South Africa Confirms Intention to Issue Debut Rand Sukuk

‘Big Three’ Rating Agencies See Noticeable Increase in Islamic Finance Assets and Uptake in Africa in 2021 as South Africa Confirms Intention to Issue Debut Rand Sukuk

“Following a successful issuance in global capital markets in 2014, the National Treasury will issue a domestic rand-denominated Islamic Sukuk in 2021/22 to diversify funding sources and reach new investors,”…

Continue Reading‘Big Three’ Rating Agencies See Noticeable Increase in Islamic Finance Assets and Uptake in Africa in 2021 as South Africa Confirms Intention to Issue Debut Rand Sukuk
Read more about the article Islamic Financial Institutions Launch Innovative Additional Measures in Mitigating COVID-19 Disruption Including Customer Debt Write-offs and Healthcare-related Investment Notes

Islamic Financial Institutions Launch Innovative Additional Measures in Mitigating COVID-19 Disruption Including Customer Debt Write-offs and Healthcare-related Investment Notes

Sometimes adversity brings out the best in society. The health, economic and social impact of COVID-19 has been painful for all countries. Governments have responded with rescue packages and with…

Continue ReadingIslamic Financial Institutions Launch Innovative Additional Measures in Mitigating COVID-19 Disruption Including Customer Debt Write-offs and Healthcare-related Investment Notes
Read more about the article Turkish Treasury Raises US$1.2bn Through Local Sukuk Issuances in February 20321 as Participation Banking Assets Reach 7.1% Market Share

Turkish Treasury Raises US$1.2bn Through Local Sukuk Issuances in February 20321 as Participation Banking Assets Reach 7.1% Market Share

It seems that participation (Islamic) banking in Turkey is getting a second wind in terms of government policy and support which augurs well for the industry in the Middle East,…

Continue ReadingTurkish Treasury Raises US$1.2bn Through Local Sukuk Issuances in February 20321 as Participation Banking Assets Reach 7.1% Market Share
Read more about the article NEWS in BRIEF

NEWS in BRIEF

Malaysia’s Mortgage Securitiser Cagamas Starts 2021 with Four-Tranche RM710m (US$176.2m) Hybrid Sukuk/Bond Offerings to Fund Purchases of Housing and Commercial MortgagesKuala Lumpur – Cagamas Berhad, the National Mortgage Corporation of…

Continue ReadingNEWS in BRIEF