The Saudi mall operator successfully tightens pricing on the 5-year issuance, with the final orderbook reaching…
Category: sukuk
Felda Secures RM8.92 Billion Government Guarantee to Fuel FGV Restructuring and Growth
The financing package will drive efficiency, support settlers, and expand downstream business ventures. In a significant…
DIB Pioneers New Era in Islamic Finance with Landmark $1 Billion Sustainability-Linked Sukuk
In a strategic move that bridges Islamic finance with global sustainability goals, Dubai Islamic Bank (DIB)…
PNB Merdeka Ventures Sdn Bhd (PNBMV), a subsidiary of Permodalan Nasional Bhd (PNB), has completed its first RM6 billion Sustainability Merdeka Sukuk Wakalah to partly fund the ongoing development of the Merdeka 118 project.
The company said the issuance marks several significant milestones, including being the largest corporate and real…
Kuwait Finance House Issues Mandate for USD AT1 Sukuk
Kuwait Finance House (KFH) has mandated a consortium of banks for the issuance of a US…
Egypt’s Finance Ministry Issues First Sovereign Sukuk in Local Market
The Ministry of Finance has successfully launched its first sovereign sukuk issuance in the local market,…
Bangladesh Bank to Issue Tk2,500cr 7th Investment Sukuk for Rural Development in December
The Bangladesh Bank (BB) is preparing to issue its 7th government investment Sukuk, valued at Tk2,500…
Sharjah Islamic Bank Issues Mandate for $500 Million Five-Year Sukuk
Sharjah Islamic Bank (SIB), rated A- by S&P and BBB+ by Fitch, has announced the issuance…
Reps Approve Tinubu’s Request to Borrow $2.35bn, Issue $500m Sovereign Sukuk
Abuja — The House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion…
RAM Ratings has reaffirmed the AA1(s)/Stable rating of UEM Group Berhad’s (UEM) RM7 billion Sukuk Wakalah Programme, which was issued through its wholly owned funding vehicle, UEM Olive Capital Berhad.
The reaffirmed rating reflects UEM’s strong credit profile as the ultimate obligor, supported by its purchase…