News

Global sukuk issuance will likely decline in 2025 after 2024’s record amid lower sukuk refinancing needs of key sovereigns in GCC countries, particularly Saudi Arabia, Moody’s Rating said. “We expect ...
Egypt, which is short of foreign currency, plans to issue $2 billion in Islamic bonds or sukuks in 2025 via multiple ...
Concessions have been slim for Gulf bank sukuk this year, but they are likely to rise because of volatility. The average new ...
Dubai-listed Mashreqbank has appointed a group of leading banks to oversee a $500 million five-year senior unsecured sukuk offering, marking a si ...
Kenya's Islamic banking sector is growing, offering Sharia-compliant products that promote ethical finance, social ...
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GCC banks have held back from issuing in the weeks since the Eid Al Fitr holidays, which were followed by market volatility ...
Amanat Lebuhraya Rakyat (ALR), which owns four toll highways, has made the fifth sukuk profit payment amounting to RM130.96 million under its RM5.5 billion nominal value AAA-rated sukuk programme.
The Shariah Advisory Committee of the Bangladesh Bank decided on Wednesday to issue the 6th Bangladesh Government Investment ...
Issuers of Islamic investment certificates, often called sukuk, publish a prospectus for each security, which explains its Islamic compliance. Only after the sukuk’s Islamic compliance is ...
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced the official launch of its Fractional ...