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…
Malaysia-based IHH Healthcare Yet Another Debutante in the Sukuk Market with an Aggregate 3-Tranche Benchmark RM4bn ICP/IMTN Sukuk Wakalah Bi Al-Istithmar Offering Kuala Lumpur-based IHH Healthcare Berhad, an international private…
SNB Returns to the Market with Second Sukuk Offering in 2024 with a SAR6bn (USD1.6bn) Additional Tier 1 (AT1) Capital Sukuk Wakala in November The Saudi National Bank (SNB) (formerly…
Abu Dhabi SWF Mubadala Investment Company Issues Second Sukuk in 2024 Through an AED1bn Sukuk Wakala Offering in the UAE Domestic Market in November There is no stopping the momentum…
Saudi Awwal Bank (SAB) Issues SAR4bn (USD1.07bn) Additional Tier One Sukuk to Support its Capital Base as its Expands its Operations and Market Share in Saudi Arabia Saudi Awwal Bank…
NEWS in BRIEFIsDB Allocates USD1.15bn to Finance Phase 1 of the Climate Resilient Water Resources Development Project in KazakhstanBaku – The Islamic Development Bank (IsDB) and the Republic of Kazakhstan…
Saudi Investment Bank Debuts USD750mn Additional Tier 1 Capital Perpetual Sustainable Mudaraba Sukuk in the International Market in November as Such Offerings Flourish Among Islamic Banks in 2024Saudi Investment Bank…
GFH Financial Group Returns to the International Market with a Benchmark Fixed Rate USD500mn Sukuk Murabaha/Ijara Offering Amid Strong Overseas Investor DemandGFH Financial Group, the Bahrain-based diversified financial group, successfully…
Global Aviation Leasing Leader, AerCap Holdings, Taps International Market with Maiden Benchmark USD500mn Sukuk Al-Ijarah to Refinance Aircraft Assets and DebtAnother sign of the widening appeal of Sukuk as a…
IsDB Closes its Third SOFR-linked Public Sukuk Issuance in 2024 with Hybrid €500mn (USD 527.23mn) Sukuk in October The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the…