Global insurance rating agency A M Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer ...

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 ...

Muscat – Dhofar Islamic, the Islamic banking window of BankDhofar, has introduced a new feature that allows customers to open a Mudaraba Savings Account conveniently through its mobile application.

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 ...

WAJA Co. launched its issuance of SAR-denominated sukuk worth SAR 70 million, in a private placement under its SAR-denominated sukuk program, according to a statement to Tadawul. WAJA stressed the ...

The government has decided to issue Tk 3,000 crore worth of sukuk, a Shariah-compliant bond, in March to fund the construction of bridges to connect rural roads. This move aims to boost ...

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 ...

PETALING JAYA: Bank Islam Malaysia Bhd has launched the second tranche of its additional Tier 1 capital sukuk wakalah, amounting to RM250mil, from its RM5bil sukuk wakalah programme. This ...

Volatility in the price of Dubai property developer Binghatti Holding’s sukuk may bring greater scrutiny to the wider Gulf real estate sector and make market access trickier, said investors and ...

The largest listing venue for ESG sukuk globally is Nasdaq Dubai with 35 percent share of global outstanding volumes at end-2024. Global Environment Social Governance (ESG) sukuk is set to cross US$50 ...

The Bangladesh Bank has increased the investment limit for individual customers in the Shariah-compliant Islamic bond, sukuk, to 20% of the total allocation. The raised limit also applies to provident ...