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…

KIB Achieves Record Spread on USD 300 Million Tier 2 Sustainable Capital Sukuk with 5.535% Yield

Kuwait International Bank (KIB) has announced the successful pricing of its USD 300 million Tier 2…

TAJBank’s N20 Billion Sukuk Bond Oversubscribed by 185%, Raises N57 Billion from Investors

TAJBank Limited has announced a remarkable achievement with its latest N20 billion Mudarabah Sukuk bond, which…

Dubai’s DAE Engages Banks for Planned Benchmark Sukuk Offering

Dubai Aerospace Enterprise (DAE), a global player in aircraft leasing and engineering, has appointed a group…

Strong Investor Demand: CBB’s Sukuk Al Salam Issue Oversubscribed by 138%

The Central Bank of Bahrain (CBB) has reported strong investor confidence in its latest monthly Sukuk…

UOB Malaysia Prices RM455 Million Green SRI Sukuk for EXSIM, Demonstrating Strong Investor Confidence

KUALA LUMPUR – UOB Malaysia has successfully priced a RM455 million Islamic medium-term notes facility for EXSIM…