Tag: #Sukuk
Al Ramz announces IPO for two new GCC-focused investment funds
Al Ramz Corporation PJSC, a financial services institution with a 25-year legacy in capital markets, announced the Initial Public Offering (IPO) of two new...
Boursa Kuwait to launch bonds and sukuk platform following CMA decision
Boursa Kuwait welcomed the Capital Markets Authority (CMA)’s approval of its proposed rule amendments, alongside the issuance of Resolution No. 38 of 2026 establishing...
Dubai Islamic Bank posts AED 3.4 billion in half-year net profit
The bank’s total income soared by 21.3% YoY to AED 11.3 billion, showcasing its ability to drive substantial revenue growth
Sharjah Islamic Bank successfully issues $500 million sukuk
The issuance received tremendous response from international investors, attracting orders that peaked at $1.5 billion
Gulf International Bank raises SAR 1.5 billion from debut Tier 2 Sukuk
The bank’s Sukuk programme is aligned with its strategic objectives to facilitate balance sheet growth
Saudi National Bank plans to boost capital by $4.1 billion
Saudi National Bank (SNB), the Gulf state’s largest lender, said Thursday that it will increase its paid-up capital by $4.1 billion to strengthen the...
Adjusting with the environment
Global Sukuk issuance has moderated through 2022, what do you see as the reasons for this?
According to S&P Global, total Sukuk issuance has...
Emirates Islamic successfully closes US$ 500 million Sukuk issuance
Emirates Islamic announced that it has successfully closed a US$ 500 million 5-year Sukuk issued from its US$ 2.5 billion Certificate Issuance Programme.
The landmark...
Nasdaq Dubai welcomes listing of USD 500 million Sukuk by Dubai Islamic Bank
Nasdaq Dubai welcomes the listing of a 500 million US dollar perpetual Additional Tier 1 Sukuk, issued by the Dubai Islamic Bank (DIB), the...
Nasdaq Dubai welcomes listing of USD 2.5 billion Sustainability Sukuk by Islamic Development Bank
Nasdaq Dubai welcomed the listing of a 2.5 billion US dollar Sustainability Sukuk by Islamic Development Bank (IsDB), the multilateral lender which finances development...