sukuk
The DFSA facilitated the expansion of capital markets in the DIFC, which remains the world’s largest ESG sukuk market
Sharia-compliant financial products are in high demand, with Sukuk issuances exceeding $10 billion in Q2
This is the fourth listing under their $2 billion trust certificate program
Emirates Islamic's total income saw a notable 15 percent increase to AED2.7 billion while operating profits surged by 40 percent
The total volume of sustainable sukuk issuances reached $5.2 billion during H1 of 2024
Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022
This listing marks the bank's 9th public Sukuk issuance and first since 2020
The GCC region already boasts some of the world's most modern airports
Total value of debt listed on Nasdaq Dubai reached $134.1 billion with Sukuk making up $93.89 billion
Aramco's bond issuance began on July 9 and will end on July 17
The bank reduced Scope 1 emissions by 65 percent compared to 2022 and set 2030 emissions reduction targets for six portfolio sectors
Arada's sukuk listing brings the total value of sukuk issuances to $93 billion
The oversubscription highlighted the bank's financial strength and prudent management
In 2024, these countries accounted for 51 percent of U.S. dollar debt issued by EMs (excluding China)
The total volume of sukuk and bonds in Saudi Arabia increased by 5.73 percent during the third quarter of 2023
Islamic banking now constitutes 5 percent of the total banking sector in Egypt
The listing's order book exceeded $2.10 billion, which reflects an oversubscription rate of 2.8 times
The report forecasts an upgrade for Bahrain if the government substantially lowers net debt-to-GDP via improved budgets
Strong demand seen from the eight primary dealers for both the 3-year and 5-year tranches of the sukuk
MoF stated that this surplus was directed towards reducing public debt, and therefore there was no cash surplus
The Authority saw growth in ESG securities listings, totaling $11.72 billion in new ESG bonds and Sukuk listed
Total private bids amounted to QAR5.4 billion
Saudi Arabia, UAE and Malaysia will likely stay among the most active sukuk issuers, the report says
