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…

Qatar-issued green bonds, Sukuk and ESG funds to be launched soon

Qatar green bonds, Sukuk, and ESG (environment, social, and governance) funds are soon expected to be…

Utilization of Sukuk bond funds emphasised

Speakers at a seminar on Tuesday stressed the proper utilization of funds mobilized through issuing Sukuk…