The Government of Senegal, the first West African state to issue a sovereign Sukuk in 2014, returned to the domestic market with its latest offering, a XOF330 billion (US$525.4 million)…
The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the 57-member OIC (Organisation of Islamic Cooperation) countries, successfully priced its first public Sukuk issuance of 2022 when it…
DDCAP Group™ (DDCAP) is delighted to have been awarded “Best Islamic Fintech Systems Integration Provider” for our ETHOS AFP™ at the prestigious MEA Finance's Banking Technology Awards 2022 held in…
DDCAP Group™ is pleased to announce that Mr. Husain Abdulwahed Alkhaja has joined us as our GCC Regional Director and as a Director of DDCAP (DIFC) Limited.Husain is a vastly…
Global trade has been more resilient during the COVID-19 pandemic than during the 2008-09 global financial crisis. According to the World Trade Organisation (WTO) in its latest World Trade Report…
Turkish Treasury Keeps Domestic Sovereign Sukuk Al Ijarah Auctions Momentum Going in March and April 2022 with Aggregate Volume Reaching TRY34,057.9m (US$2,321.2m) in Q1 2022Ankara – Sovereign domestic currency lease…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) Saudi Arabia continued its consecutive monthly Sukuk issuance under its Saudi Riyal-denominated Sukuk Issuance Programme with a…
Kuwaiti Islamic bank, Boubyan Bank, returned to the international market with a benchmark US$500 million Senior Unsecured Wakala/Murabaha Sukuk issuance in March 2022.In a disclosure to Boursa Kuwait (the Kuwait…
First Abu Dhabi Bank (FAB), the UAE’s largest bank in terms of assets, issued its first public debt transaction in 2022 with a benchmark US$500 million fixed rate Sukuk issuance…
Sustainability and Green Sukuk continue to feature in the issuance landscape, albeit at a steady but slow pace, with the debut benchmark US$900 million Green Sukuk Mudaraba by Manama-based Infracorp,…