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…
Pioneering Islamic Finance and Principles for Responsible Banking Report Launched at Global Ethical Finance Summit UK – 10th June 2021, The Islamic Finance Council UK (UKIFC), in partnership with Malaysia…
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)…
No sooner had the Government of Malaysia’s pioneering maiden US$1.3 billion Sustainability Sukuk marked the market in April 2021, the country’s sovereign wealth fund (SWF), Khazanah Nasional Berhad launched its…
With a motley of directives relating to ESG, SDG, Climate-related, Sustainability, Diversity and Corporate Governance emanating in recent times from the various gatekeepers of international finance and regulators, the Securities…
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE in terms of assets and a prolific issuer of Sukuk, successfully priced its latest benchmark US$500 million Perpetual Non-Call…