The sukuk was priced at a 4.484% yield ... CIMB, Citigroup, DBS, JPMorgan, MUFG and OCBC were joint bookrunners and joint lead managers for the offering, the sheet showed.

Sukuk, often dubbed the “crown jewel” of Islamic capital markets with a market value north of $900 billion, are Shariah-compliant alternatives to conventional bonds that do not represent a ...

Global sukuk issuance will likely decline in 2025 after 2024’s record amid lower sukuk refinancing needs of key sovereigns in GCC countries, particularly Saudi Arabia, Moody’s Rating said. “We expect ...

In 2024, issuance of ESG sukuk grew by 14% year-on-year, to $15.2 billion. ESG debt now makes up almost 7.5% of total debt finance raised. This represents an opportunity for sustainable sukuk.

As the Federal Reserve sticks to its strategy of patience and the European Central Bank’s negative interest rates remain in place, it’s important to consider the impact these policies are having on ...

Dar Al Arkan Real Estate Development Co. announced the full redemption of its $600 million sukuk (sixth tranche), identified under ISIN: XS2066049219. In a statement to Tadawul today, Feb. 17, the ...

The sukuk was priced at a 4.484% yield ... CIMB, Citigroup, DBS, JPMorgan, MUFG and OCBC were joint bookrunners and joint lead managers for the offering, the sheet showed. Khazanah did not ...