sukuk
Saudi Arabia's debt capital market is expected to surpass $500 billion in 2025
In its public hearing, the AAOIFI mentioned that it is likely to approve Standard 62 in 2025
UAE's issuance growth will stem from $35 billion Al Maktoum Airport and $8.2 billion drainage projects.
This is supported by ongoing activities from both banks and corporate entities
In the GCC region, the ESG debt capital market reached $46.3 billion outstanding
First phase focused on integrating the Bloomberg Auction System to enhance the local currency debt issuance process and workflows
Food delivery firm Talabat raised $2 billion in its stock market debut, the largest IPO in the MENA region during 2024
The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent
Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality
With the latest issuance, Indonesia's total listed sukuk on the exchange reached $24.6 billion across 21 listings
The global Islamic finance industry is witnessing remarkable growth, with total assets reaching $3.3 trillion by the end of 2023
