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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

Nasdaq Dubai celebrates the listing of USD 300 million Sukuk by Sobha Realty

Nasdaq Dubai welcomes the listing of a USD 300 million Sukuk by Sobha Realty, one of the region’s largest real estate developers. The Islamic...

The IILM successfully reissues USD 790 million short-term Ṣukūk

  The reissuance is across three different tenors of one, three and six-month respectively where the three series were all priced competitively at: i)   5.23% for...

The IILM receives sustained demand for its USD 1.2 billion short-term Sukuk reissuance

The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully reissued a total of...

UAE announces launching Domestic Dirhams Islamic Treasury Sukuk (T-Sukuk) with size of AED 1.1 billion

The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE...

Dubai Islamic Bank rings market-opening bell to celebrate listing of its inaugural sustainable Sukuk valued at US$ 750 million on Nasdaq Dubai

Dubai Islamic Bank (DIB) rang the market-opening bell today to celebrate the listing of its inaugural sustainable Sukuk with a value of US$ 750...

Saudi Real Estate Refinance Company (SRC) successfully closes its SAR 10 billion Domestic Sukuk Program

The Saudi Real Estate Refinance Company (SRC) announced it had successfully closed its 10 billion Saudi-Riyal denominated Sukuk program following the completion of the...

GFH Financial Group launches GCC $100 million Sukuk Fund

GFH Financial Group (GFH) has announced that is has launched and seeded a $100 million sukuk fund which holds a diversified portfolio of sukuk...

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...

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