Yields on Gulf sovereign and corporate debt have surged to their widest spreads in five years,…
Category: sukuk
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…
Tropicana’s RM89 Million Sukuk Redemption Strengthens Balance Sheet
Tropicana Corp Bhd is accelerating its financial transformation through a series of strategic capital management initiatives,…
PMB Investment Announces 8.88 Sen Distribution for PMB Shariah Growth Fund
PMB Investment Bhd has announced an income distribution of 8.88 sen per unit for the PMB…
Velesto Energy Berhad has proposed establishing a sukuk wakalah programme with a combined limit of up to RM1 billion to enhance its funding flexibility
Velesto Energy Berhad has proposed establishing a sukuk wakalah programme with a combined limit of up…
Sharjah Islamic Bank Approves 20% Dividend After Strong 2025 Profit Growth
Sharjah Islamic Bank (SIB) has approved a 20% cash dividend for shareholders after reporting strong financial…
Arada Raises $450M in Oversubscribed Sukuk Issuance
Arada Developments has successfully raised $450 million through a five-year sukuk issuance, marking a strong return…
Turkcell Unit Turkcell Finansman Cleared to Issue Up to TRY 3 Billion in Sukuk
Turkcell announced on March 5, 2026, that its board of directors has authorized its wholly owned…
The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of US$1.18 billion in short-term sukuk along with a new issuance of US$105 million
The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of US$1.18 billion in short-term…
Pos Malaysia to Raise RM1 Billion Through Sukuk to Support Capital Expenditure and Refinancing Efforts
KUALA LUMPUR – Pos Malaysia Bhd has announced its proposal to launch a perpetual sukuk wakalah…