Skip to main content Skip to footer

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

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