Indonesia Returns to Market with US$2.5bn Triple-Tranche Sukuk Wakala including a Third US$750m Global Green Sukuk

The Government of Indonesia returned to the global Sukuk market on 17 June 2020 through the issuance of a three-tranche US$2.5 billion Sukuk Wakala in the international market in 144A/…

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IsDB Issues Debut US$1.5bn Sustainability Sukuk Specifically to Fight Aftermath of Covid-19 in Member Countries

The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the OIC (Organisation of Islamic Cooperation) countries, has consolidated its financing “to tackle the aftermath of the COVID-19 pandemic…

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Islamic Banking Pioneer Sheikh Saleh Kamel Dies Leaving an Influential Legacy – Obituary written by Mushtak Parker

The death of Sheikh Saleh Abdullah Kamel, the 79-year-old Chairman of Dallah Albaraka Group (DAG), on 18 May 2020 in Jeddah sees the end of an era of one of the…

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Saudi NDMC Keeps Sovereign Domestic Sukuk Issuance Momentum Going in May with US$1.53bn Issuance Bringing Total Raised in January-May 2020 to US$10.13bn

The National Debt Management Center (NDMC) of the Saudi Ministry of Finance (MoF) continued its proactive domestic sovereign Sukuk issuance in May when it issued its fifth consecutive monthly Sukuk…

Continue ReadingSaudi NDMC Keeps Sovereign Domestic Sukuk Issuance Momentum Going in May with US$1.53bn Issuance Bringing Total Raised in January-May 2020 to US$10.13bn

Turkish Treasury Raises US$2.68bn in Various Sukuk Ijara Auctions in May as Ankara Continues to Mitigate the Covid-19 Impact on the Economy

The government of Turkey increased its use of the Sukuk (lease certificate) market in May 2020 to raise much-needed funds in the wake of the continuing impact of the Covid-19…

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DDCAP Group’s MD Stella Cox discusses the role of the group as an “SME market influencer” for responsible and sustainable finance

The global Coronavirus (Covid-19) pandemic has raised the spectre of the world conjuring up a "new normal" once the outbreak is eventually contained if not eradicated. This alludes to governance, the economy,…

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FinTech and the Global Financial Crisis: What does the Future Hold? Webinar hosted by WIEFF with closing remarks by Stella Cox CBE, DDCAP Group™ – 21st April 2020

WIEFF produced a very engaging event that enabled principal speaker and Islamic financial market luminary, Datuk Dr. Mohd Daud Bakar, Chairman, Amanie Group, to give insights both as pre-eminent Sharia’a Scholar…

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