The Islamic Development Bank (IsDB) has raised US$1.5 billion through its second benchmark Sukuk issuance of…
Category: sukuk
Kuwait International Bank Raises $500 Million Through Five-Year Sukuk
Kuwait International Bank (KIB) has raised $500 million through a five-year benchmark Sukuk, providing the Islamic…
QistBazaar Raises PKR 500 Million Through Landmark Sukuk Issuance
QistBazaar, a Pakistan-based Buy Now, Pay Later (BNPL) and installment-financing platform, has raised PKR 500 million…
HSBC Asset Management Launches GBP-Hedged Share Classes for Global Sukuk ETF
HSBC Asset Management (HSBC AM) has launched GBP FX-hedged share classes for its Global Sukuk UCITS…
Daewoo Express Raises Rs4 Billion Through Third Sukuk Issuance
Daewoo Express has raised Rs4 billion (approximately US$14.4 million) through its third short-term Sukuk issuance, further…
Saudi Arabia Opens August ‘Sah’ Savings Sukuk with 4.70% Annual Return
Saudi Arabia has opened subscriptions for its August 2026 “Sah” Savings Sukuk, offering a fixed annual…
DWP Group Successfully Redeems Rs3 Billion Short-Term Sukuk
DWP Group has successfully redeemed its Rs3 billion Short-Term Sukuk, comprising Rs1.5 billion Short-Term Sukuk-I (STS-I)…
Saudi Arabia Redeems US$4.5 Billion in Sukuk and Extends Debt Maturities with New Issuance
Riyadh: Saudi Arabia’s National Debt Management Center (NDMC) has redeemed SR17.1 billion (US$4.5 billion) of domestic…
UNDP and AmCham Kuwait Promote Innovative Financing to Support Kuwait Vision 2035
The United Nations Development Programme (UNDP) Kuwait, in partnership with the American Business Council in Kuwait…
Global Sukuk Issuance Remains on Growth Path as S&P Maintains 2026 Forecast at US$270–280 billion
Global sukuk issuance continued to strengthen during the first half of 2026, with S&P Global Ratings…