Tag: Sukuk Issue
Dubai Islamic Bank lists $750mn Sukuk on Nasdaq Dubai
Dubai Islamic Bank (DIB), Dubai's first Islamic financial institution, has listed a $750 million Sukuk on Nasdaq Dubai, the region's international financial exchange.
The 5-year...
Global Sukuk issuance hit a record value of $175bn in 2020;...
Islamic bonds issuance climbed 20 percent annually to $175 billion, hitting a new record in 2020 driven by demand in the Middle East and...
ACWA Power secures $749mn in its maiden 7-year sukuk issuance
Saudi Arabia’s leading developer ACWA Power successfully raised $746 million through a senior, unsecured floating Sukuk rate issuance with a 7-year tenor, under the...
Global Sukuk issuance created a new record in 2020; Refinitiv
Global data provider Refinitiv has revealed that total Sukuk issuances across the globe touched a new record value of $172.1 billion in 2020, compared...
Global sukuk issuance to rise in 2021 following economic recovery: S&P
With the low-interest rates and great liquidity, the economy of GCC, Malaysia and Indonesia are expected to recover soon which in turn will spur...
FAB steps into debt market with $500mn sukuk
First Abu Dhabi Bank, the largest bank in the UAE has stepped into the debt market following its Dubai competitors, by starting to trade...
Tabreed targets future expansion with $500mn fund raised: CEO
The UAE-based national cooling company, Tabreed will be utilizing the $500 million Sukuk for future growth, its CEO Bader Al Lamki explained to local...
Dubai closes $2bn Bond and Sukuk Issue to improve liquidity
The Dubai Government's Department of Finance (DOF) has successfully completed a $2 billion Bond and Sukuk issue.
The Department of Finance stated that the issuance...
