Fitch Ratings forecasts upwards trend for global sukuk market
Islamic Sukuk
Latest in Islamic Sukuk
Islamic economy
Top British financier enters Bahrain to target Islamic tech space
Stella Cox CBE, head of DDCAP Group, says island kingdom is well placed for disruptive fintech and regulation building
Aramco IPO
Aramco sells $6bn of dollar-denominated Islamic bonds
Firm is raising cash to help finance its plans to pay out $75bn in dividends
Aramco IPO
Aramco starts debut sale of dollar-denominated Islamic bonds
State-controlled oil giant is raising cash to help finance its plans to pay out $75bn in dividends
Emirates REIT
Dubai property fund rescinds debt offer after bondholders revolt
Emirates REIT said 57% of voting sukuk-holders were in favour of its exchange offer, falling short of the 75% it required to push through the proposal
Aramco IPO
Saudi Aramco hires banks for debut dollar Islamic bond sale
State-controlled company may offer three tranches of notes due in three years, five years and 10 years
debt market
Aramco said to plan bond sale to help fund $75 billion dividend
The world’s biggest energy company has picked around 15 banks to manage a sale of Islamic debt, or sukuk that could happen this month
dollar bond
Saudi Arabia weighs selling dollar sukuk as soon as October
With one of the world’s lowest debt levels, Saudi Arabia has been one of the biggest issuers in emerging markets
Abu Dhabi Economic Vision 2030
Sheikh Mansour-owned investment firm launches $600m sukuk
More than 135 investors from over 20 countries participate in Emirates Strategic Investments Company’s sukuk
Citigroup
Dubai Investments unit said to hire HSBC, Citigroup for sukuk
Sources say the sale of Islamic bonds by Dubai Investments Park Development could raise about $500m