Read more about the article Uzbekistan Leverages IsDB Development Funding Partnership as Template for Other Countries as Tashkent Closes in on Introducing New Legal and Regulatory Framework to Facilitate Islamic Finance

Uzbekistan Leverages IsDB Development Funding Partnership as Template for Other Countries as Tashkent Closes in on Introducing New Legal and Regulatory Framework to Facilitate Islamic Finance

It certainly helps when you host the Annual Meetings of the Islamic Development Bank (IsDB) Group and you are in the middle of an ambitious economic and socio-political reform agenda.…

Continue ReadingUzbekistan Leverages IsDB Development Funding Partnership as Template for Other Countries as Tashkent Closes in on Introducing New Legal and Regulatory Framework to Facilitate Islamic Finance
Read more about the article Robust Investor Demand Allows AUB Bahrain to Upsize Benchmark Fixed Rate US$600m Senior Sukuk as Global Issuance in 2021 Heads for Another Record Year

Robust Investor Demand Allows AUB Bahrain to Upsize Benchmark Fixed Rate US$600m Senior Sukuk as Global Issuance in 2021 Heads for Another Record Year

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…

Continue ReadingRobust Investor Demand Allows AUB Bahrain to Upsize Benchmark Fixed Rate US$600m Senior Sukuk as Global Issuance in 2021 Heads for Another Record Year
Read more about the article BNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International Settlements

BNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International Settlements

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…

Continue ReadingBNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International Settlements
Read more about the article After Record Total Offerings of US$205bn in 2020, Global Sukuk Issuances Set to Maintain its Buoyancy in 2021

After Record Total Offerings of US$205bn in 2020, Global Sukuk Issuances Set to Maintain its Buoyancy in 2021

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…

Continue ReadingAfter Record Total Offerings of US$205bn in 2020, Global Sukuk Issuances Set to Maintain its Buoyancy in 2021
Read more about the article Kuveyt Turk Returns to International Market with Turkey’s First-ever US$350m Sustainable Tier II Sukuk as Market Share of Islamic Finance Sector Edges Towards Eight Percent

Kuveyt Turk Returns to International Market with Turkey’s First-ever US$350m Sustainable Tier II Sukuk as Market Share of Islamic Finance Sector Edges Towards Eight Percent

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…

Continue ReadingKuveyt Turk Returns to International Market with Turkey’s First-ever US$350m Sustainable Tier II Sukuk as Market Share of Islamic Finance Sector Edges Towards Eight Percent
Read more about the article Saudi NDMC Issues Seventh Consecutive Monthly Domestic Sukuk in July as Total for January-July 2021 Tops Record SAR44.6bn (US$14.1bn)

Saudi NDMC Issues Seventh Consecutive Monthly Domestic Sukuk in July as Total for January-July 2021 Tops Record SAR44.6bn (US$14.1bn)

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)…

Continue ReadingSaudi NDMC Issues Seventh Consecutive Monthly Domestic Sukuk in July as Total for January-July 2021 Tops Record SAR44.6bn (US$14.1bn)
Read more about the article Digital Banks Gaining Momentum as Saudi Arabia and UK Licence Three Digital Banks and Malaysia Plans to Issue Five Such Licences by First Quarter 2022

Digital Banks Gaining Momentum as Saudi Arabia and UK Licence Three Digital Banks and Malaysia Plans to Issue Five Such Licences by First Quarter 2022

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…

Continue ReadingDigital Banks Gaining Momentum as Saudi Arabia and UK Licence Three Digital Banks and Malaysia Plans to Issue Five Such Licences by First Quarter 2022
Read more about the article Malaysia’s SME Bank Issues Debut RM500m (US$118.0m) Sustainability Sukuk Wakalah to Help SMEs Transition to a Green Economy

Malaysia’s SME Bank Issues Debut RM500m (US$118.0m) Sustainability Sukuk Wakalah to Help SMEs Transition to a Green Economy

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…

Continue ReadingMalaysia’s SME Bank Issues Debut RM500m (US$118.0m) Sustainability Sukuk Wakalah to Help SMEs Transition to a Green Economy
Read more about the article Emaar Properties Returns to International Sukuk Market with Latest Benchmark US$500m Issuance as UAE Real Estate Market Starts to Gain Momentum

Emaar Properties Returns to International Sukuk Market with Latest Benchmark US$500m Issuance as UAE Real Estate Market Starts to Gain Momentum

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…

Continue ReadingEmaar Properties Returns to International Sukuk Market with Latest Benchmark US$500m Issuance as UAE Real Estate Market Starts to Gain Momentum