Saudi Arabia raised SR7.86 billion (approximately $2.09 billion) through a domestic sukuk issuance in February 2026,…
Category: Sukuk and Islamic Capital Market
Islamic Finance in Oman Set for 25% Growth, Reaching $45 Billion in 2026
Oman’s Islamic finance sector is entering a transformative phase, with 2026 expected to mark a pivotal…
Qatar Central Bank Issues $632.2 Million in Ijara Sukuk as Investor Demand Surges
Qatar Central Bank (QCB) has issued government Ijara Sukuk totaling QAR 2.3 billion, equivalent to approximately…
Zarea Raises Rs1 Billion Through Sukuk Issuance
Zarea Limited (PSX: ZAL) has successfully raised Rs1 billion through a Sukuk issuance, tapping Pakistan’s Islamic…
Saudi Vision 2030 Gets Funding Boost from Oversubscribed STC Sukuk Deal
Saudi Telecom Company (STC) has returned to the international sukuk market with a $2 billion dual-tranche…
PNB Issues First-Ever Secured Exchangeable Sukuk, Raises US$300 Million
Permodalan Nasional Bhd (PNB) has issued its first-ever secured exchangeable sukuk, raising US$300 million (approximately RM1.2…
Sammilito Islami Bank Invests Tk 10,000 Crore in Government Sukuk
Sammilito Islami Bank PLC has made a significant investment of Tk 10,000 crore in the Bangladesh…
Stc Group has successfully issued US dollar-denominated sukuk totaling $2 billion, structured across two separate tranches, reinforcing its access to international capital markets.
Stc Group has issued US dollar-denominated sukuk with a total value of $2 billion, structured across…
Oman to Raise RO850mn Through Local Bonds and Sukuk in 2026
Oman’s government plans to raise RO850 million from the local market in 2026 through the issuance…
Sukuk Market Reaches New Milestone: Powering Sustainable Growth Worldwide
The global Sukuk industry has officially crossed the US$1 trillion mark in outstanding value this year,…