sukuk

Ajman Bank’s first $500 million sukuk issuance achieves 5.4 times oversubscription on Nasdaq Dubai

The issuance highlights the increasing appeal of Sharia-compliant financial instruments from UAE institutions

Saudi capital market’s AUM grows 20.9 percent to record $266.6 billion in 2024, says CMA

The number of subscribers in public and private funds exceeded 1.72 million, an annual increase of 47 percent

UAE to issue $8 billion of local currency debt to support domestic capital market growth: S&P

The UAE's well-capitalized and liquid banks stand ready to provide funding if capital markets become unsupportive, ensuring stability

OMNIYAT debuts $500 million green sukuk on Nasdaq Dubai

Successful launch highlights conviction that profitability and a positive environmental impact are mutually reinforcing

UAE Islamic finance industry surpasses $285 billion, new strategy to further boost growth: Fitch

The UAE Islamic finance industry is estimated to have reached over $285 billion at the end of Q1 2025

Qatar’s Islamic finance assets soar to $190.6 billion in 2024, dominating 97 percent of market

Qatar's islamic banking surged to $160.9 billion, outperforming conventional banks

UAE Cabinet approves Strategy for Islamic Finance and Halal Industry

The strategy aims to increase the assets of UAE Islamic banks from AED986 billion to AED2.56 trillion within six years

UAE’s ADNOC raises $1.5 billion through debut sukuk

Net proceeds will support ADNOC Group for general corporate purposes and funding diversification

Saudi Arabia’s PIF prices $1.25 billion international sukuk offering

The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion

GCC countries contribute over 35 percent of all emerging-market U.S. dollar debt in Q1 2025, Fitch reports

Primary market dollar issuance shows promise despite recent quietness in the GCC region

Abu Dhabi National Oil Company (ADNOC) raises $1.5 billion through 10-year sukuk issuance

Sukuk issuance priced at 60 basis points over U.S. Treasuries attracted robust investor interest

Ajman Bank launches debut sukuk with $2.7 billion demand from global investors

The bank successfully priced the $500 million sukuk at a fixed profit rate of 5.125 percent