UAE Government Domestic Treasury T-Sukuk Auction in August Raises AED1.1bn (USD300mn) as Total Volume of Issuances for January-August Tops AED8.3bn (USD2.3bn) Due to Strong Demand Abu Dhabi – The dirham-denominated…
QIB Returns to the International Financial Market in September 2024 with Benchmark Senior Unsecured RegS US$750mn Sustainable Sukuk Wakala/Murabaha Offering Qatar Islamic Bank (QIB), the largest and oldest Islamic Bank…
Obituary – Wan Abdul Rahim Kamil Wan MuhammedWritten by Mushtak ParkerA Fond Farewell to IF Pioneer Wan Abdul Rahim Kamil 1949-2024Kuala Lumpur - The global Islamic finance community mourns the…
NDMC Continues its Sovereign Domestic Sukuk Issuance Momentum in July 2024 with SAR3.21bn (US$855.39mn) Offering as Aggregate Volume of Issuances Reach SAR40.2bn (US$10.7bn) in 2024 to DateThe National Debt Management…
Saudi Fintech Entity Emkan Finance Issues Second Sukuk in 2024 in August Through a Private Placement Followingits Benchmark SAR2.3bn (US$604.6mn) Senior Sukuk Mudaraba in FebruaryEmkan Finance, a leading Saudi fintech…
DIB/Mashreq-led Consortium Arranges Landmark US$3.25bn Hybrid Islamic/Conventional Sustainability-linked Financing Facility for GEMS Education to Part Fund a Leveraged Buyout A consortium of UAE-based banks, led by Dubai Islamic Bank (DIB)…
Islamic Banks Gear Up to Promising EV and Hybrid Car Market with Innovative Green Vehicle Finance and Charging Hubs in Support of Sustainability and Transition to Clean Energy Net Zero…
Saudi NDMC Issues Sixth Round of its Popular Government Guaranteed SAH Retail Savings Sukuk to Bolster Financial Inclusion and to Encourage Savings Among Citizens The Saudi Ministry of Finance, through…
QIIB Returns to Global Market in July with US$250mn Tap Sukuk Offering Boosting Original Issuance to US$750mn as Sustainability Sukuk Continues to Gain Market Momentum Qatar International Islamic Bank (QIIB),…
IsDB Board Allocates US$368.98mn of New Financing for Sustainable Development Projects in Türkiye, Turkmenistan, and Suriname Targeting Education, Power Transmission and Oncology SectorsJeddah – The Board of Executive Directors of…