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…
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector funding arm of the Islamic Development Bank (IsDB) Group, successfully issued its latest Sukuk offering in…
Qatar Islamic Bank (QIB), the oldest and largest Islamic bank in Qatar in terms of assets, successfully closed its latest Sukuk issuance in the international market, a benchmark 5-year US$750…
Cagamas Berhad, the National Mortgage Corporation of Malaysia, one of the most prolific issuers of Sukuk, continues to play a major role in Sukuk origination and in the Islamic mortgage…
Government of Oman Raises OR200m (US$520m) Through its Third Domestic Sukuk in Year to Date Aimed at Bridging the Budget Deficit in the Wake of COVID-19Muscat – The Ministry of…
Sheikh Sabah al-Ahmed al-Jaber al-Sabah, the Emir of Kuwait, passed away peacefully on 29 September 2020 in the United States, where he was receiving medical treatment, aged 91 after ruling…
The Kingdom of Bahrain, acting through the Ministry of Finance & National Economy, returned to the international market in September 2020 with a benchmark 7-year US$1 billion Sukuk issuance which…
The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued with its monthly domestic sovereign Sukuk issuance in September 2020 as part of its public debt…
Another sign of Malaysia’s prominent position in digitisation in financial services products is the launch on 10 September 2020 of the Digital Skim Rumah Pertamaku (Digital SRP), the country’s first…