sukuk

Islamic banks to outpace conventional banking in GCC, says Moody’s

Non-oil economic growth in GCC countries to remain strong in 2025 due to ambitious government economic diversification plans

Kuwait Warba Bank’s $500 million sukuk issuance on London Stock Exchange draws $1.8 billion in 3.5x demand

These five-year sukuk support projects advancing ESG goals aligned with sustainability objectives

UAE Islamic T-sukuk auction draws $1.72 billion in bids, oversubscribing by 5.7 times

This $299.49 million auction is part of the Islamic T-Sukuk issuance program for August 2024

Dubai’s wealth management sector sees 62 percent surge in authorized entities in H1 2024: DFSA

The DFSA facilitated the expansion of capital markets in the DIFC, which remains the world’s largest ESG sukuk market

UAE IPOs surge in Q2 2024, raising $890 million: Report

Sharia-compliant financial products are in high demand, with Sukuk issuances exceeding $10 billion in Q2

Kuwait Warba Bank’s $500 million sukuk listing on Nasdaq Dubai attracts $1.8 billion in orders

This is the fourth listing under their $2 billion trust certificate program

Emirates Islamic’s profits hit record $463 million in H1 2024

Emirates Islamic's total income saw a notable 15 percent increase to AED2.7 billion while operating profits surged by 40 percent

Global sukuk issuances rise to $91.9 billion in H1 2024, says S&P

The total volume of sustainable sukuk issuances reached $5.2 billion during H1 of 2024

Sustainable investments could unlock $2 trillion for GCC countries by 2030: Report

Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022

Sharjah Islamic Bank lists $500 million Sukuk on Nasdaq Dubai

This listing marks the bank's 9th public Sukuk issuance and first since 2020

GCC tourism’s contribution to GDP to surge to $340 billion by 2030: Report

The GCC region already boasts some of the world's most modern airports

Nasdaq Dubai welcomes three Indonesian Sukuk listings worth $2.35 billion

Total value of debt listed on Nasdaq Dubai reached $134.1 billion with Sukuk making up $93.89 billion