The National Bank of Abu Dhabi (NBAD) has launched its Sukuk Income Fund, a unique product investing in Sharia’h-compliant investment instruments that provides investors attractive returns with low levels of risk.
The NBAD Sukuk Income Fund represents …
Indonesian two-year sukuk dropped last month, raising up yields by the most since September, as Standard & Poor’s.
S&P didn’t associate with Moody’s Investors Service and Fitch Ratings, which have allowed Indonesia investment-grade status i…
Animated by the global economic turmoil, global deleveraging leads to a reduction in global bank credit available for Saudi companies and projects. But funds are neccessary and the government is correctly hesitant to offer it directly.
Richard Banks, D…
Banque Saudi Fransi arranged a $2 billion Islamic bond program as part of the Riyadh-based lender’s plans to mix up its sources of financing.
Islamic bond sales in Saudi Arabia, the world’s largest oil exporter, progressed to a record $6.55 billion…
Allen & Overy, associated with local law firm Abdulaziz AlGasim Law Firm, advised Saudi Electricity Company (SEC), on the successful closure of its $1.75 billion dual-series Sukuk issue. The transaction represents SEC’s first international Sukuk is…
The National Commercial Bank has recently cooperated in the Islamic Finance Forum coordinated by Harvard University in the United States of America. The forum is a praised annual event that gathers top scholars, researchers and analysts, with economist…
Qatar is searching to deepen its debt market. Regarding this aspect, it may list local-currency government bonds and sukuk on the country’s bourse this year.
Qatar began to sell treasury bills in May to achieve excess funds in the banking sector and se…
According to MCIS Zurich Insurance Bhd and Bangkok Bank Bhd, Johor Corp will apparently pay less than AAA issuers to sell US$976 million of sukuk on local-government guarantees.
They say that Johor Corp could price the 10-year Islamic notes to yield 30…
Dar Al Istithmar finished receiving the approval of Islamic scholars for the issue and the next move is depending from now on on Goldman.
Goldman’s plan was to become one of the first top Western banks to gather money through Islamic bonds, but it attr…
It seems that National Australia Bank (NAB) is taking into consideration a sale of up to $500 million of Sukuk as Australian investors request less risky investments.
According to two people familiar with the deal, the bank is considering the sale, whi…
