Tags Sukuk

Sukuk

MENA could issue over USD 80 billion of debt in 2019,...

• JP Morgan EMBI inclusion (31 January) likely to attract more than USD 30 billion in inflows to GCC bonds • Local and hard currency...

Emirates Set to Close US$600 Million Sukuk

Emirates is pleased to announce a successful execution of a US$600 million sukuk (Islamic finance issuance). The issuance received a good response from both...

Emirates to Mandate Banks for Investor Meetings

Emirates, the world’s largest international airline, has mandated Citi and Standard Chartered Bank as Global Coordinators and Joint Lead Managers, along with Abu Dhabi...

2017 Sees a Record High Number of IPOs in GCC

A surge in number of floats in the GCC following the launch of the Parallel Market in Saudi Arabia creating a new platform for...

Emaar Properties lists USD 750 million Sukuk on Nasdaq Dubai

Emaar Properties listed a 750 million US dollar Sukuk today on Nasdaq Dubai, the region's international financial exchange. The listing has raised the total value...

Government of Sharjah Issues Debut 10-year Sukuk

The Government of Sharjah has today announced the issuance of its debut transaction in the Debt Capital Markets, a US$ 750 million 10-year Sukuk...

Nasdaq Dubai to launch bond trading platform

NASDAQ Dubai, the Middle East's international financial exchange, is preparing to open a platform on which investors can trade Sukuk (Islamic bonds) and conventional...

Emirates repays US$ 550 Million Sukuk in full

   Emirates airline announced today that it has repaid a US$ 550 million sukuk bond in full on its maturity date 18 June, 2012.  The...

DFM lists two Sukuk issues for the Government of Dubai

Dubai Financial Market ( DFM ) announced on Monday the listing of two Sukuk issues for the Government of Dubai with a total value...

Dubai to launch sovereign bond of up to $1.5 billion

Dubai has mandated four banks for a sovereign bond issue of up to $1.5 billion. The bond may be launched  this week, two sources...

Sukuk market for GCC companies continues to expand

According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...

Emirates NBD Asset Management fixed income funds perform strong

Emirates Islamic Money Market Fund ranks amongst top 10 per cent of US Dollar Money Market funds globally Sharia-compliant Emirates ...

Emaar Properties Launches $500M 5.5-Yr Sukuk; 8.5% Pft Rate

Emaar Properties launches a benchmark dollar-denominated bond as part its $2 billion Islamic bond program. Benchmark bonds are typically at least $500 million in size. Market...

Etisalat Establishes Global Medium Term Note and Sukuk

Emirates Telecommunications Corporation (ETISALAT) is pleased to announce that it will establish a Global Medium Term Note (GMTN) and a Sukuk Programme in the...

DMCC successfully redeems US$200 million sukuk

Final US$20 million repayment on five-year Islamic bond made on schedule Demonstrates underlying financial strength of DMCC Underscores rapid growth...

Sukuk Market Recovery Expected in 2011 – 12

Analysts predict that now is a pivotal time for the global Islamic finance industry as sukuks are expected to grow in importance on the...