Kuwait Finance House (KFH), one of the oldest commercial Islamic banks in the world, issued its debut Sukuk – a 5.5 year Perpetual non-callable benchmark US$750 million ATI Mudaraba Sukuk…

As the world’s largest integrated oil and gas company, the Saudi Arabian Oil Company (Saudi Aramco) does not do fixed-income issuances in modest measures. On 17 June 2021, the company…

Kuveyt Turk Boosts Lease Financing Portfolio to TL6.5bn in Q1 2021 as Prospects for Sector Increases Following Agreement with Leading Industrial Group Istanbul – In an effort to further boost…

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its fifth consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a two-tranche SAR3.53 billion (US$941.26 million)…

The Jeddah-based Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the Muslim world, is targeting food security, agriculture, and climate action in its African member countries, who have…

Malaysia’s Islamic banking and Takaful industry continues its steady march towards the stated goal of the Malaysian government to achieve parity with the conventional sector in terms of 50% market…

There is no doubt that the Islamic Development Bank (IsDB) is having a good year as far as its fixed income (Sukuk) issuance strategy is concerned. But it is in…

For a regular annual issuer of sovereign Sukuk, the Government of Indonesia is adept at notching up global firsts in its issuance programme and strategy. This is particularly so in…

The Maldives Follows its Maiden US$200m Hybrid Sukuk in March 2021 with a US$100m Tap Issuance in April in a Further Bid to Diversify its Sources of Public Debt FundingMahe…

The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its fourth consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a two-tranche SAR11,713 million (US$3,123 million)…