Bank Sukuk – Bank AlJazira SAR1bn AT1 Capital Sukuk
Bank Al Jazira Taps Local Market for a Perpetual SAR1bn (USD270mn) Additional Tier 1 Capital Sukuk Offering Through a Private Placement to Boost its Capital under Basel III Bank Al…
Bank Sukuk – BSF US750mn Senior Unsecured Sukuk Wakala/Murabaha
BSF 5-Year USD750mn Sukuk Wakala/Murabaha Secures Huge Investor Demand With a 5x Oversubscription and ‘the Tightest Credit Spread for a Saudi Bank Issuer Ever’Banque Saudi Fransi (BSF), a regular issuer…
Bank Sukuk – FAB USD600MN Senior Unsecured Sukuk Wakala/Murabaha
FAB Closes 4th Annual Consecutive Offering in the International Market with a USD600mn Benchmark Sukuk Wakala/Murabaha January is usually the month when Islamic banking majors scramble to access the international…
Sovereigns – Kingdom of Bahrain USD1.25bn Sukuk Wakala/Murabaha/Ijara
Kingdom of Bahrain Returns to International Financial Market with 7-Year USD1.25bn Sukuk Wakala/Murabaha/Ijara Issuance The Kingdom of Bahrain acting through the Ministry of Finance and National Economy, is the latest…
Bank Sukuk – KFH USD1bn Senior Unsecured Sukuk Wakala/Murabaha
KFH Leverages First Mover Advantage to Issue First USD Global Sukuk of 2025, a USD1bn Sukuk Wakala/Murabaha Offering with a 5-Year Tenor Kuwait Finance House (KFH), the second oldest commercial…
Bank Sukuk – Al Rajhi Bank USD1.5bn Additional Tier 1 Capital Perpetual Sustainable Sukuk Wakala/Mudaraba
Al Rajhi Bank Successfully Closes its Second USD1.5bn AT1 Sustainable Sukuk Wakala/Mudaraba in a Year to Boost its Tier 1 Capital and Financing Under its Sustainable Finance Framework Al Rajhi…
Sovereign Wealth Funds – PIF USD7bn Syndicated Murabaha Facility
Saudi SWF, Public Investment Fund (PIF), Raises Impressive USD7bn in Inaugural Syndicated Murabaha Credit Facility as Part of its Medium-term Fund-Raising Strategy As far as debut credit facilities are concerned,…
NEWS in BRIEF
NEWS in BRIEFRed Sea International Subsidiary Fundamental Installation Obtains Aggregate SAR910m (USD242mn) Murabaha Credit Facility from Local Banks to Fund Guarantees and LC Facilities for ProjectsRiyadh - The Fundamental Installation…
Sovereign Domestic Sukuk – Saudi Arabia
NDMC Finishes its Sovereign Domestic Sukuk Issuance Programme with a Flourish with Auctions in November and December 2024 through two 5-Tranche Offerings Raising a Total SAR15,01.6mn (USD3,996.41mn) as the Volume…
Sovereign Domestic Sukuk – UAE Treasury T-Sukuk
UAE Government Domestic Treasury T-Sukuk Momentum Continues with Auction in November Raising an Aggregate AED1.1bn (USD300mn) as Total Volume of Issuances for January-November 2024 Tops AED11.6bn (US$3.2bn) Due to Rising…