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…

Agrobank announces Sukuk Wakalah Programme

Bank Pertanian Malaysia Bhd (Agrobank) recently announced its Sukuk Wakalah Programme based on the Islamic principle…

Nigerian state to issue Sub-Saharan Africa’s largest Sukuk

The Nigeria state of Lagos is considering the issuance of Sukuk for the benefit of its…

Dubai Islamic Bank plans to sell dollar-denominated $500m Sukuk

After a summer lull, Gulf corporates could soon be hitting markets for new funds Dubai Islamic…