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…

Burjeel Holdings Celebrates $500 Million Sukuk Trading Debut at London Stock Exchange

Burjeel Holdings, a leading super-specialty healthcare group in the GCC, marked a major milestone on Friday…

RAM Ratings Reaffirms AA1 Rating for Ideal Water Resources’ Tranche 2 Sukuk

RAM Ratings has reaffirmed the AA1/Stable rating on the RM255 million Tranche 2 Sukuk (2025/2034) issued…

LGI, BIBDS Launch Shariah-Compliant Islamic Income & Growth Fund

Lion Global Investors (LGI) and BIBD Securities Sdn Bhd (BIBDS) have launched the Lion-BIBDS Islamic Income…

Lucky Investments launches Shariah-compliant dividend yield fund

KARACHI: Lucky Investments Limited has launched the Lucky Islamic Dividend Yield Fund (LIDYF), an open-end Shariah-compliant…

IILM’s Outstanding Sukuk Portfolio Reaches Record US$7.2 Billion

KUALA LUMPUR: The International Islamic Liquidity Management Corporation (IILM) has reached a new milestone, with its…