UAE completes $300m Islamic T-Sukuk auction with 5.6x oversubscription, strong investor confidence
Sukuk issuance
Latest in Sukuk issuance
Sharjah Islamic Bank
Sharjah Islamic Bank strengthens capital with new Sukuk
This most recent transaction marks the fifth listing by the Bank on Nasdaq Dubai, raising its total listed value on the exchange to AED9.1 billion ($2.5 billion)
Ajman Bank
Ajman Bank lists $500mn debut sukuk on Nasdaq Dubai
Ajman Bank’s maiden sukuk issuance saw robust demand from over 100 investors and will mature in 2030
Green sukuk
OMNIYAT debuts $500mn green sukuk on Nasdaq Dubai
Oversubscribed 3.6x, the ultra-luxury developer’s first Islamic issuance signals growing investor appetite for sustainable real estate financing
Dubai real estate
Dubai’s OMNIYAT raises $500mn in inaugural green sukuk
Ultra-luxury real estate developer enters international debt capital markets for the first time with oversubscribed green issuance
Central Bank of Bahrain
Bahrain central bank plans $1.2bn sukuk issue
Bahrain sukuk will be listed on the London Stock Exchange’s Main Market
debt market
Saudi Arabia’s CMA approves major overhaul of Sukuk, debt market rules to boost investment
The reforms aim to strengthen Saudi Arabia’s regulatory framework for debt instruments, creating a more dynamic and accessible market
debt market
UAE’s debt capital markets notch up 13% growth in Q3: Fitch Ratings
The surge in the debt capital market places the UAE fourth globally in all currencies, after Malaysia, Saudi Arabia, and Indonesia
Islamic Finance
UAE’s non-oil sector drives Islamic finance expansion: S&P
The country’s insurance sector, both conventional and Islamic, is projected to expand by 15 to 20 percent, driven by economic performance and infrastructure projects
Fitch Ratings
Global sukuk market reaches $823.4bn, grows 9.8%
Fitch Ratings forecasts upwards trend for global sukuk market
PIF
Saudi Arabia’s PIF announces $3.5bn sukuk
PIF to raise $3.5bn through sukuk sale in Saudi Arabia
Dar Al Arkan
Dar Al-Arkan lists $600mn Sukuk on Nasdaq Dubai
The latest listing marks Dar Al-Arkan’s fourth sukuk listing on Nasdaq Dubai