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Islamic Development Bank lists $1.7bn Sukuk on Nasdaq Dubai

Islamic Development Bank (IsDB) rang Nasdaq Dubai’s market-opening bell to celebrate the listing of a $1.7 billion Sukuk on the region's international financial exchange. The...

Saudi Arabia Sukuk joins FTSE Emerging Markets Government Bond index

Saudi Arabia Sukuk has been added to the FTSE Emerging Markets Government Bond Index (EMGBI) by FTSE Russell, a leading global index provider of...

Emaar Properties’ $500mn Sukuk listed on Nasdaq Dubai

Mr. Jamal Bin Theniyah, Chairman of Emaar Properties, the region's major real-estate company, rang the market-opening bell to commemorate the listing of a $500...

Abu Dhabi royalty-owned company hires two banks to sell 5 year...

Sheikh Mohamed Bin Khalid Al Nahyan's Private Department, which is owned by members of Abu Dhabi's ruling family, has recruited banks to sell five-year...

SIB operating profits touch 27% in 1st quarter of 2021

The operating profits of Sharjah Islamic Bank (SIB) has increased 26.9 percent before provisions to $57.76 million in Q1 2021, compared to $45.5 million...

Qatar fixed income maturities to reach $101bn during 2021-2030; Kamco Kuwait

The Kuwait-based asset management company, Kamco Invest said that Qatar is expected to see more than $101 billion in fixed income maturities between 2021...

Saudi ACWA Power to raise $1bn from Sukuk issue

Saudi Arabia-based power plants developer ACWA Power International is reportedly looking to raise close to $1 billion through a Sukuk issue early next year.  A...

Sukuk issuance will reach 2019 levels this year: Fitch Rating

The Sukuk issuance volumes globally are projected to reach the level of the previous year in 2020, despite the unexpected economic crisis due to...
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