SITR Compliance Technology, an emerging Bahraini regulatory technology (RegTech) startup supported by the Bahrain Economic Development…
Category: Sukuk and Islamic Capital Market
CelcomDigi Plans RM10 Billion Sukuk Programme to Support Capital Spending and Refinance Debt
Malaysia’s telecommunications group CelcomDigi Bhd has proposed a RM10 billion Islamic medium-term notes programme to support…
Arada Raises USD 400 Million Through Five-Year Sukuk Issuance
Sharjah-based real estate developer Arada has raised USD 400 million through a five-year Sukuk issuance, marking…
Saudi Arabia Opens October Sah Sukuk with 5% Annual Return
RIYADH: Saudi Arabia has opened subscriptions for its October “Sah” savings sukuk, offering individual investors an…
RAM Ratings Reaffirms AA1 Rating for Ideal Water Resources’ Tranche 2 Sukuk
RAM Ratings has reaffirmed the AA1/Stable rating on the RM255 million Tranche 2 Sukuk (2025/2034) issued…
Global Sukuk Market Under Pressure Amid Geopolitical Tensions
Market volatility, widening spreads and upcoming maturities signal increased stress for Sukuk issuers: Zubair Mughal (May…
KLCC REIT Expands Sukuk Programme to RM4 Billion
KUALA LUMPUR: KLCC Real Estate Investment Trust (KLCC REIT) has expanded its Sukuk Murabahah Programme from…
Cabinet Approves Amman Municipality’s Transition to Islamic Sukuk
The cabinet has approved a plan for the Greater Amman Municipality to transition to Islamic sukuk…
PetGas Subsidiary Raises RM800 Million Through Sukuk Issuance
KUALA LUMPUR: Petronas Gas Bhd (PetGas), through its 65%-owned subsidiary Pengerang LNG (Two) Sdn Bhd (PLNG2),…
TNB Plans RM10 Billion Sukuk Programme with Up to 50-Year Tenure
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has submitted plans to the Securities Commission Malaysia for the…