Saudi Aramco, the world’s leading oil producer, has raised $3 billion through the issuance of Islamic…
Category: Sukuk and Islamic Capital Market
Kano State Announces Pioneering Sukuk Issuance to Fund Infrastructure Projects
In a strategic move to finance critical infrastructure and diversify its funding portfolio, the Kano State…
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…
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…