Skip to main content Skip to footer 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
This issuance is part of the UAE's Islamic Treasury sukuk issuance program for the fourth quarter of 2024
The Sukuk was issued to fund the Centre’s expansion, including Gate Avenue
Outlook for the GCC IPO market remains positive with a healthy IPO pipeline of companies from a diverse range of sectors
This growth highlights the country's evolving financial landscape and its strategic role within the sukuk market
With fractional sukuk, retail investors can invest as little as $1,000 in the sukuk market rather than a minimum of $200,000
The agency notes a rise in foreign currency sukuk issuance, particularly in real estate and finance, to attract foreign investment
The country has successfully completed 37 bond issues amounting to a total of $18.51 billion
The auction attracted interest from eight primary dealers for both tranches maturing in May 2027 and September 2029
Dubai Islamic Bank currently boasts an outstanding value of over $9 billion through 11 sukuk listings on Nasdaq Dubai
He noted that Asia and the Global South are often overlooked in transition plans, impacting the world
Total volume of sustainable sukuk globally reached $7.1 billion in the first nine months of 2024, down 11 percent year-on-year
The issuance drew a diverse investor base, including banks and fund managers from Europe, Asia, and the Middle East
Fitch expects rates to reach 4.5 percent at the end of 2024 and 3.5 percent at the end of 2025, boosting Q4 and 2025's issuance activity
T-bills have maturities of 7 days, 28 days, 91 days, 182 days, 301 days, and 364 days
Issuance supports Aramco’s efforts to diversify and broaden its investor base, further enhance liquidity and re-establish its sukuk yield curve
The listings comprise 10 conventional tranches and 6 additional issues categorized as green bonds and sukuk focused on sustainability
A 4.6x oversubscription on $299.4 million issued
Arada's latest tap falls under the ongoing $1 billion Sukuk program
Qatar’s debt capital market reached about $130 billion outstanding at the end of H1 of 2024 with sukuk at 10 percent
The programs saw the issuance of treasury bonds worth $3.05 billion and Islamic sukuk worth $3.76 billion
These issuances have a maturity period of three months, with a yield of 4.375 percent
Latest tap is an extension of the developer’s inaugural sukuk issuance of $300 million, which took place in July 2023