Sukuk


Dubai Says To Continue Infrastructure Spending After $2bn Bond Issuance

Middle East Business News - Published date: .

Investors rush to invest in Dubai as order book for gov't bond and sukuk is five times oversubscribed Read more

Pandemic Causes Bahrain's GFH H1 Profits To Slide By Almost 58%

Middle East Business News - Published date: .

Profits fell from $48.43m last year to $20.39m as a result of Covid-19 and slower markets Read more

Saudi's SRC To Issue Domestic Sukuks With $1.3bn Funding Target

Middle East Business News - Published date: .

Company is also looking to attract 'significant amount' by tapping international markets Read more

GCC Issuances Help Drive $42.2bn Sukuk Market In 2019

Middle East Business News - Published date: .

Global sukuk issuance rose 6 percent in 2019 as the range of issuers and investors broadened, says Fitch Ratings Read more

Aldar Unit Lists $500m Sukuk On Abu Dhabi Stock Market

Middle East Business News - Published date: .

Aldar Investment Properties says sukuk issuance was six times oversubscribed Read more

Saudi Arabia Raises $2.5bn In First Sukuk Sale Since Oil Attacks

Middle East Business News - Published date: .

Sale reflects how demand for Saudi Arabia's Islamic bonds has remained buoyant after missile and drone attack on its oil... Read more

Sharjah Lists $750m Sukuk On Nasdaq Dubai

Middle East Business News - Published date: .

Announcement of second sukuk listing this year on Nasdaq Dubai by the emirate, following a $1bn listing in April Read more

Saudi Arabia Said To Plan $2.5bn Sukuk Issuance

Middle East Business News - Published date: .

Source says world's biggest oil exporter is seeking to take advantage of borrowing costs that are around the lowest in f... Read more

Global Sukuk Issuance Falls Slightly To $30.6bn

Middle East Business News - Published date: .

Fitch says GCC issuers have continued to access the sukuk market to diversify their funding mix and develop the Islamic ... Read more

Dubai's DIFC Sees 45% Annual Jump In Islamic Assets

Middle East Business News - Published date: .

Dubai International Financial Centre's growth comes as emirate remains one of the world's largest centres for sukuk list... Read more

Aldar Investment Unit Sees Strong Demand For $500m Sukuk

Middle East Business News - Published date: .

Aldar Investment Properties announced on Wednesday the successful placement of a fixed rate $500 million dollar-denomina... Read more

Saudi Construction Giant Dar Al Arkan To Redeem $400m Sukuk

Middle East Business News - Published date: .

Dar Al Arkan Real Estate Development Company says to pay sukuk out of its internal cash reserves Read more

Dubai's Biggest Bank Celebrates Listing Of $1bn Bond

Middle East Business News - Published date: .

Senior banker rings the market-opening bell at Nasdaq Dubai to celebrate the listing of a $1bn conventional bond Read more

Nasdaq Dubai Welcomes $1bn Sukuk Listing By Sharjah

Middle East Business News - Published date: .

Emirate's total sukuk value listed on the Dubai financial exchange has now reached $3.45bn Read more

Dubai's Biggest Bank Lists $1bn Bond On Nasdaq Bourse

Middle East Business News - Published date: .

Emirates NBD is the largest issuer of conventional bonds on Nasdaq Dubai with a total nominal value of $5.28bn from eigh... Read more

Saudi Real Estate Refinance Plans $2.3bn In Sukuk Sales

Middle East Business News - Published date: .

Saudi Real Estate Refinance - the state-run equivalent of Fannie Mae and Freddie Mac in the US - will tap domestic and i... Read more

Saudi Real Estate Refinance Plans $2.3bn In Sukuk Sales

Middle East Business News - Published date: .

Saudi Real Estate Refinance - the state-run equivalent of Fannie Mae and Freddie Mac in the US - will tap domestic and i... Read more

Indonesia Lists $2bn Green Sukuk On Nasdaq Dubai

Middle East Business News - Published date: .

Capital raised by the sukuk is intended for projects including sustainable development initiatives, says Indonesian Gove... Read more

Dubai Investments Park Operator Inks $300m Loan Deal

Middle East Business News - Published date: .

Dubai Investments Park Development Company announces agreement with Emirates NBD to repay sukuk Read more

Dubai Investments Park Plans Investor Talks Ahead Of Sukuk

Middle East Business News - Published date: .

Investor meetings will take place in Singapore, Hong Kong, Abu Dhabi, Dubai and London, commencing on Friday, ahead of p... Read more