search
search
menu

Latest Updates

Articles

  • Home
  • Articles
  • Secondary Market Summary of Sovereign GCC Sukuk

Secondary Market Summary of Sovereign GCC Sukuk

today 05 May 2014 GMT
By Naveed Mohammed

The new Dubai 2029 sukuk has been trading around par at 100.00/100.10 all week.


The below is a summary of secondary market data for covered Sovereign GCC Sukuk. Both Dubai and Qatar’s yield curve neatly mixes conventional and Sukuk issuances.


Note: Dubai Sukuk are not rated, though considered safe for investment grade purposes.


gcc-sukuk


News

Cross Border Sukuk Market Fails to Materialise as Issuance Expected to Decline

The complexity of structuring sukuk was highlighted as a reason for the continued failure of sukuk to enter into globalised cross border market.

Sukuk Innovation Continued in 2020 amid Strong Growth

Innovation in Sukuk included Qatar Islamic Bank tapping the Formosa sukuk market in Taiwan, and Malaysia issuing a first digital retail sukuk.

Sukuk Issuance in Saudi Arabia

The majority of the sukuk issuances in Saudi Arabia are denominated in Riyal. In 2014, Saudi Arabia became the second largest issuer of sukuk by issui

Latest Issued Sukuk

First Abu Dhabi Bank 2026

07 February 2021

Islamic Corporation for the Development of the Private Sector 2025

27 October 2020

Kingdom of Bahrain 2027

21 September 2020

SUKUK WHO'S WHO

Bank of London and the Middle East (BLME)

13 August 2015

Lotus Capital

23 April 2014

PT Danareksa Sekuritas

13 April 2017

SUKUK EDUCATION

Five Important Differences Between Sukuk and Traditional Bonds

30 September 2016

RELATED CONTENT

Cross Border Sukuk Market Fails to Materialise as Issuance Expected to Decline

26 April 2023

Sukuk Innovation Continued in 2020 amid Strong Growth

24 January 2021

Sukuk Issuance in Saudi Arabia

22 November 2020

Islamic Liquidity Management – Murabaha Compliant Liquidity Products

25 October 2020

Asian buyers avoid Dubai Sukuk as Bahrain and IILM also Issue

10 September 2020
 Modal