Global Islamic sukuk grew by 36.1% in 2021, reaching $252.3 bln: Fitch Ratings

The total Islamic bonds (sukuk) issued in 2021 worldwide grew significantly by 36.1 percent Y-o-Y to…

Agrobank announces Sukuk Wakalah Programme

Bank Pertanian Malaysia Bhd (Agrobank) recently announced its Sukuk Wakalah Programme based on the Islamic principle…

Nigerian state to issue Sub-Saharan Africa’s largest Sukuk

The Nigeria state of Lagos is considering the issuance of Sukuk for the benefit of its…

Dubai Islamic Bank plans to sell dollar-denominated $500m Sukuk

After a summer lull, Gulf corporates could soon be hitting markets for new funds Dubai Islamic…

Qatar-issued green bonds, Sukuk and ESG funds to be launched soon

Qatar green bonds, Sukuk, and ESG (environment, social, and governance) funds are soon expected to be…

Utilization of Sukuk bond funds emphasised

Speakers at a seminar on Tuesday stressed the proper utilization of funds mobilized through issuing Sukuk…

Egypt to begin offering Sukuk in the first half of 2022 – ministry

Egypt will begin issuing Sukuk, or sharia-compliant Islamic bonds, in the first half of 2022, the…

Jaiz Bank MD: FG raised N350bn from Sukuk in three years

Hassan Usman, Managing Director, and chief executive officer of Jaiz Bank Plc, says the federal government raised…

How Sukuk Can Catalyze Nigeria’s Development

Sukuk remains a significant source of funding for addressing Nigeria’s infrastructure deficit and supporting its socio-economic…

Bank Nizwa gets approval for RO 75m rights issue

Bank Nizwa, Oman’s first full-fledged Islamic lender, has announced that it has secured regulatory approvals from…