IsDB Closes its Second SOFR-linked Public Sukuk Issuance in 2024 with Hybrid USD1.25bn Sukuk Wakala/Murabaha/Mudarabah IssueThe Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the 57-member OIC (Organisation…
World’s Largest Oil Exporter Saudi Aramco Returns to the Global Sukuk Market in October 2024 After a 3-year Absence with a USD3bn Market Issuance Fillip to Re-establish its Sukuk Yield…
Summer holidays are already a distant memory! As a UK headquartered business with offices in a growing number of international centres for Islamic Finance, it is always our pleasure to…
KFH Completes Conversion of Ahli United Bank UK and Egypt to Dedicated Islamic Banks Following its Voluntary Withdrawal from the Malaysian Market in Pursuit of a New Focus on MENA…
NDMC Continues its Sovereign Domestic Sukuk Issuance Momentum in August/September 2024 with Two Auctions Raising SAR8,621.0mn (USD2,297.33mn) as Total Volume of Issuances in Reaches SAR48.84bn (US$13.015bn)Buoyed by the award in…
UAE Luxury Apartment Developer SOBHA Realty Successfully Closes USD230mn Tap Sukuk in September 2024 which will be Consolidated with its July 2023 Maiden 5-year US$300m Hybrid Wakala/Murabaha Sukuk to a…
BSF Completes Second Sukuk Offering in 2024 with SAR3bn (USD800mn) Additional Tier 1 Issuance in September 2024 Through a Private PlacementBanque Saudi Fransi (BSF), one of the largest providers of…
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…