sukuk
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
