Shareholders Back Jaiz Bank’s Bid to Raise N150bn Via Sukuk

Shareholders of Jaiz Bank Plc yesterday approved the board’s request to mobilise the sum of N150…

Saudi Arabia leads the world in domestic sukuk sales with 185% jump to $14bn

RIYADH: Saudi Arabia’s domestic market has recorded $14.4 billion worth of sukuk sales this year, registering…

Global Sukuk Volumes Set to Slide In 2022 Amid Rising Rates and Expensive Liquidity: S&P

The volume of global sukuk issuance this year will drop by about 12 per cent on…

Sukuk, a Catalyst for Sustainability

Vienna, Austria, 10 June 2022 – As an alternate capital market instrument, Sukuk can play a…

IILM Reissues US$1.03 Bill Short-Term Sukuk, Seventh Auction for 2022

The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$1.03 billion short-term A-1…

Sukuk issuance to remain flat in 2022, says S&P Global

Global sukuk issuance fell marginally to about $147.4 billion from $148.4 billion in 2020 RIYADH: Sukuk…

Egypt issues its first sovereign sukuk before the end of the fiscal year

Mohamed Maait added that Egypt “looks forward to entering the Japanese financial markets, in new issuances…

African Islamic Finance Awards 2022

African Islamic Finance Awards are a signature initiative to encourage Islamic Finance Industry in Africa By…

Dubai Islamic Bank lists $750m sukuk, the UAE’s first in 2022

Abu Dhabi Islamic Bank raises $160m from new Sukuk fund  Nasdaq Dubai, the region’s international financial…

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…