Malaysia’s Agrobank Issues Maiden RM500m (US$119m) Sukuk Wakalah Bi Al-Istithmar with Strict Use of Proceeds Linked to Achieving UN Sustainable Development Goals

Malaysia’s Agrobank (Bank Pertanian Malaysia Berhad) successfully closed its debut Sukuk on 18 October 2021 – a RM500 million (US$118.98 million) Sukuk Wakalah Bi Al-Istithmar. Agrobank is a Development Financial…

Continue ReadingMalaysia’s Agrobank Issues Maiden RM500m (US$119m) Sukuk Wakalah Bi Al-Istithmar with Strict Use of Proceeds Linked to Achieving UN Sustainable Development Goals

Robust Investor Appetite Marks Emirates Islamic’s Return to International Market with US$500m Benchmark Sukuk Wakala Offering as GCC Banks’ Post-pandemic Recovery Continues

Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the UAE, successfully closed the issuance of its latest Sukuk offering - a benchmark US$500 million 5-year Sukuk…

Continue ReadingRobust Investor Appetite Marks Emirates Islamic’s Return to International Market with US$500m Benchmark Sukuk Wakala Offering as GCC Banks’ Post-pandemic Recovery Continues