Bank Sukuk – Al Rajhi Bank USD500mn Sukuk Wakalah
Al Rajhi Bank Spearheads a Spate of Saudi Bank US Dollar Sukuk Issuances in May 2025Sukuk issuances continued unabated in Saudi Arabia during May 2025 leading up to the Eid-ul-Adha…
Sovereign Wealth Funds – Mubadala Mamouri USD1bn Sukuk Wakala
Abu Dhabi’s Mamoura Diversified Global Holding (Mubadala) Issues Third Sukuk in a Year with a USD1bn Sukuk Wakala Transaction in May 2025 as SWFs Consolidate Their Activities in the Local…
NEWS in BRIEF
IsDB President Dr Muhammed Al Jasser Calls for Bold Action in Fostering Global Economic Recovery and a Catalytic Role for Islamic Finance in Crowding in Private Sector Participation in Frontier…
Sovereign Domestic Sukuk – Saudi Arabia
NDMC Sustains SAR-denominated Sovereign Sukuk Issuance in April 2025 with a 4-Tranche Offering Aggregating SAR3.71bn (USD989.19mn) Raising the Total in the First Months of 2025 to SAR13.14bn (USD3.51bn)The National Debt…
Sovereign Domestic Sukuk – UAE Treasury T-Sukuk
UAE Government Domestic Treasury T-Sukuk Momentum Continues in 2025 with Successful Auction on 22 April Raising an Aggregate AED1.1bn (USD300mn) with a Subscription Orderbook of AED6.12bn (USD1.67bn) The dirham-denominated Islamic…
Real Estate – Omniyat USD500mn Sustainable Green Sukuk
Debutante Dubai Luxury Realty Developer Omniyat Holdings Enters the International Sukuk Market with a Benchmark Inaugural Senior Unsecured USD500mn Green Sustainable Sukuk Dubai-based luxury real estate developer Omniyat Holdings is…
Financial Services – Mashreq USD500mn Inaugural Sukuk Wakala
Mashreq Latest MENAT Bank to Successfully Raise Funds from the Global Market in April 2025 Through a USD500mn Debut Sukuk Wakala Offering Despite Tariff-related Market Volatility Mashreq, a leading financial…
Financial Services – Ajman Bank USD500mn Debut Sukuk Ijara
Robust Demand for Trust Certificates of Yet Another Debutante Issuer Ajman Bank’s Successful Offering of Maiden USD500mn Benchmark Sukuk Ijara Another debutante, another benchmark Sukuk transaction. This time it is…
Transport and Logistics – DP World USD1.5bn Sukuk Wakala
DP World Returns to International Market in April 2025 with a 10-year USD1.5bn Sukuk Wakala to Fund its Global Container Ports and Transport Logistics Expansion ActivitiesDubai-based DP World, one of…
Oil & Gas – ADNOC USD1.5bn Sukuk Wakala
Oil and Gas Utility Giant ADNOC Murban Issues USD1.5bn Debut Sukuk Wakala, the Largest AA-rated Corporate Sukuk Ever Issued Globally and at One of the Lowest New Issue Premiums for…