KARACHI: BankIslami Pakistan Limited has approved the issuance of a Shariah-compliant Sukuk of up to Rs5…
Category: sukuk
Pakistan Raises Over Rs109 Billion in Landmark Hybrid Sukuk Issuance
KARACHI: Pakistan has successfully completed its first-ever Hybrid Sukuk issuance, raising over Rs109 billion through an…
Prema Milk Owner Raises Rs. 800 Million Through Sukuk Issue
At-Tahur Limited (PSX: PREMA), the company behind the Prema dairy brand, has successfully raised Rs. 800…
UAE Central Bank Selects Vermeg to Build National Debt and Sukuk Platform
The Central Bank of the United Arab Emirates (CBUAE) has appointed Vermeg, a global provider of…
Sharjah Islamic Bank Posts AED 381 Million Net Profit, Up 19.4% in Q1 2026
Sharjah, April 13, 2026 — Sharjah Islamic Bank (SIB) reported a strong financial performance for the…
Saudi Investment Bank launches private placement of AT1 sukuk
Saudi Investment Bank (SAIB) has launched a private placement of its Additional Tier 1 (AT1) capital…
Boursa Kuwait Cleared to Launch Bonds and Sukuk Listings
Boursa Kuwait has received approval to begin listing bonds and sukuk, marking a significant milestone in…
Sukuk Share Rises to 14% of Government Debt Portfolio in FY26
The share of sukuk in Pakistan’s government debt portfolio has risen to 14% during the first…
Gulf Sukuk and Bond Spreads Hit Five-Year Highs Amid Iran War Uncertainty
Yields on Gulf sovereign and corporate debt have surged to their widest spreads in five years,…
Red Sea Plans SAR 100 Million Murabaha Sukuk Issuance
Red Sea International Co., Ltd. (RSI) has announced its intention to issue Saudi riyal-denominated Murabaha sukuk…