sukuk

$19.55 billion of Islamic bonds, sukuk listings on Abu Dhabi market: UAE’s SCA

The listings comprise 10 conventional tranches and 6 additional issues categorized as green bonds and sukuk focused on sustainability 

Property developer Arada concludes $150 million tap of existing $400 million sukuk issuance

Arada's latest tap falls under the ongoing $1 billion Sukuk program

Qatar’s sukuk issuances grow 122 percent to $500 million in H1 2024: Fitch

Qatar’s debt capital market reached about $130 billion outstanding at the end of H1 of 2024 with sukuk at 10 percent

UAE issues treasury bonds, Islamic sukuk worth $6.81 billion since 2022

The programs saw the issuance of treasury bonds worth $3.05 billion and Islamic sukuk worth $3.76 billion

Kuwait Central Bank issues bonds, tawarruq worth $792 million

These issuances have a maturity period of three months, with a yield of 4.375 percent 

Sobha Realty raises total sukuk holdings to $500 million with $230 million tap

Latest tap is an extension of the developer’s inaugural sukuk issuance of $300 million, which took place in July 2023

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