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 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…
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…
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…