sukuk

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

Saudi Aramco starts issuing U.S. dollar-denominated bonds

Aramco's bond issuance began on July 9 and will end on July 17

UAE’s ADIB releases comprehensive ESG report, highlights $1.51 billion in sustainable finance and net zero commitments

The bank reduced Scope 1 emissions by 65 percent compared to 2022 and set 2030 emissions reduction targets for six portfolio sectors

UAE’s Arada lists $400 million sukuk on Nasdaq Dubai

Arada's sukuk listing brings the total value of sukuk issuances to $93 billion

Sharjah Islamic Bank’s sukuk offering oversubscribed 3 times, raising $1.5 billion

The oversubscription highlighted the bank's financial strength and prudent management

Half of all emerging-market debt issued by GCC countries, Malaysia, Indonesia, and Türkiye: Report

In 2024, these countries accounted for 51 percent of U.S. dollar debt issued by EMs (excluding China)

Saudi Arabia issues $1.17 billion in sovereign sukuk across three tranches in June

The total volume of sukuk and bonds in Saudi Arabia increased by 5.73 percent during the third quarter of 2023

Egypt’s Islamic banking transactions reach $14.5 billion in March 2024

Islamic banking now constitutes 5 percent of the total banking sector in Egypt

Emirates Islamic’s sustainability sukuk issuance raises $750 million on Nasdaq Dubai

The listing's order book exceeded $2.10 billion, which reflects an oversubscription rate of 2.8 times

Bahrain’s credit rating affirmed at ‘B+/B’ with stable outlook: Report

The report forecasts an upgrade for Bahrain if the government substantially lowers net debt-to-GDP via improved budgets