Economy Middle East

sukuk

UAE dominates regional green bond league tables with $10.7 billion in sales
Markets

UAE dominates regional green bond league tables with $10.7 billion in sales

UAE's COP28 year saw $7.95 billion in debut sustainable debt issuances

UAE ministry of finance plans to issue bonds, sukuk valued at $1.29 billion in Q1 2024
Markets

UAE ministry of finance plans to issue bonds, sukuk valued at $1.29 billion in Q1 2024

Bonds and sukuk issued in 2023 amounted to $2 billion

Sukuk issuance in Saudi Arabia: National debt management center raises SAR8.825 bn in January
Markets

Sukuk issuance in Saudi Arabia: National debt management center raises SAR8.825 bn in January

2024 global sukuk issuance could range between $160 bn and $170 bn

S&P Global: 2024 global sukuk issuance to remain steady
Markets

S&P Global: 2024 global sukuk issuance to remain steady

S&P Global expects issuances to reach between $160-170 billion in 2024

FAB issues first sukuk globally in 2024 worth $800 million
Banking & Finance

FAB issues first sukuk globally in 2024 worth $800 million

Setting a strong tone for Islamic finance globally

Saudi Arabia completes $12 bn bond issuance across three tranches
Markets

Saudi Arabia completes $12 bn bond issuance across three tranches

Total value of underwriting applications reached approximately $30 bn

Saudi Arabia raises SAR10.55 bn in local sukuk in December
Markets

Saudi Arabia raises SAR10.55 bn in local sukuk in December

The total volume of bids amounted to approximately SAR14.125 billion

Saudi sukuk and bonds jump by 5.7 percent this year
Markets

Saudi sukuk and bonds jump by 5.7 percent this year

Canceling commissions for trading sukuks and bonds contributes to market growth

Saudi’s PIF to raise $3.5 bn from sukuk sale
Markets

Saudi’s PIF to raise $3.5 bn from sukuk sale

The five-year sukuk segment generated over $14 billion in demand