sukuk
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
