Uganda Moves Closer to First Sovereign Sukuk to Fund Standard Gauge Railway

Uganda is moving closer to issuing its first-ever Sovereign Sukuk as part of efforts to finance…

Khazanah receives approval for tokenised sukuk issuance; no impact on Danum Capital’s sukuk rating

Khazanah Nasional Berhad has received approval to revise the terms of the RM20 billion Islamic Medium-Term…

Saudi Arabia Launches May ‘Sah’ Sukuk with 4.56% Return

RIYADH: Saudi Arabia has opened subscriptions for its May issuance of the government-backed “Sah” savings sukuk,…

Bangladesh to Launch Tk 5,900 Crore Sukuk for Rural Bridge Development

Bangladesh is preparing to issue its eighth government investment Sukuk worth Tk 5,900 crore to finance…

Burj Clean Energy Modaraba Raises Rs1 Billion Through Second Sukuk

Burj Clean Energy Modaraba (BCEM) has successfully raised Rs1 billion through its second short-term sukuk, reflecting…

Malakoff Subsidiary Raises RM450 Million via ASEAN’s First SRI Sukuk Murabahah

Malakoff Corporation Bhd, through its wholly owned subsidiary Malakoff Power Bhd, has successfully raised RM450 million…

RHB Islamic Successfully Issues RM300 Million Senior Sukuk Wakalah

KUALA LUMPUR: RHB Bank Bhd, via its wholly owned subsidiary RHB Islamic Bank Bhd, has successfully…

UAE Raises $299.5 Million in Oversubscribed Islamic Sukuk Auction

The UAE Ministry of Finance, in collaboration with the Central Bank of the UAE, successfully raised…

IILM Reissues USD 1.286 Billion in Short-Term Ṣukūk

The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of USD 1.286 billion in…

Pakistan Launchs First PKR 3 Billion AAA-Rated Green Sukuk for Telecom Sector

Pakistan has marked a major milestone in sustainable finance with the launch of its first-ever PKR…