Ministry of Finance Signs First Agreement under the “Retail Sukuk” Initiative with Abu Dhabi Islamic Bank

The Ministry of Finance (MoF) has signed a cooperation agreement with Abu Dhabi Islamic Bank (ADIB),…

Saudi Arabia Opens November ‘Sah’ Sukuk Offering with 4.71% Return

Riyadh, Saudi Arabia has opened subscriptions for the November issuance of its government-backed “Sah” savings sukuk, offering…

IHH Healthcare Completes RM2.35 Billion Sukuk Wakalah Issuance

Kuala Lumpur, [Insert Date] – IHH Healthcare Berhad (IHH) has announced that its indirect wholly-owned subsidiary,…

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…

UAE’s October Islamic Treasury Sukuk Auction Draws AED 4.57 Billion in Bids

The UAE Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE, has…

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…

Malaysia Launches World’s First RMB 200 Million Climate Sukuk, Leading Global Green Finance Innovation

Malaysia has achieved another global milestone in Islamic finance with the launch of the world’s first…

Port of Tanjung Pelepas Launches First Green Sukuk to Support Sustainable Expansion

KUALA LUMPUR: The Port of Tanjung Pelepas (PTP), a leading transshipment hub jointly owned by Malaysia’s…

LSEG and ICD Unveil 2025 Islamic Finance Development Indicator Report Global Islamic Finance Assets Projected to Reach US$9.7 Trillion by 2029

LSEG (London Stock Exchange Group), in collaboration with the Islamic Corporation for the Development of the…

Saudi Real Estate Boom Pushes Mortgage Financing to Record $240 Billion

Saudi Arabia’s mortgage financing portfolio has surpassed SR900 billion ($240 billion) in 2025, reflecting the Kingdom’s…