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 ...

The ESG sukuk market, which includes green and sustainability sukuk, marked a significant milestone by surpassing $50 billion in outstanding value by the end of 2024. Malaysia, Indonesia, and Saudi ...

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.

Helen Wong, CEO of Singapore’s Oversea-Chinese Banking Corp. (OCBC), is eager to talk about AI—and argues that, contrary to fears that roles will be automated away, the new technology will ...

The Government of Ras Al Khaimah, acting through the Investment and Development Office of Ras Al Khaimah, successfully closed its offering of a 10-year $1 billion senior unsecured sukuk at a ...

However, the assurance seemed to have fallen short of restoring investor confidence, as Beximco Green Sukuk al-Istisna closed at Tk 46 per unit on the bourses yesterday — a 54 percent discount ...

Maybank Investment Bank Bhd is the sole principal adviser, sole lead arranger and sole lead manager while Maybank Islamic Bhd is the shariah adviser for the sukuk wakalah programme. In a statement ...

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 Government of Ras Al Khaimah, acting through the Investment and Development Office of Ras Al Khaimah, successfully closed its offering of a 10-year $1 billion senior unsecured sukuk at a profit ...

Eligible natural and legal persons in the Kingdom and any other relevant jurisdiction where the sukuk may be lawfully offered. Rawasi Albina said the sukuk will be senior, unsubordinated, and ...