Country Profiles

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

  2023-01-07 21:44:10

  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

  2021-01-24 14:00:54

  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

  2020-11-22 19:12:27

  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

• Islamic Liquidity Management – Murabaha Compliant Liquidity Products

  2020-10-25 19:56:04

  The world has changed, and investors find themselves in a “new normal” also when it comes to money market investments. An advanced liquidity manag

• Asian buyers avoid Dubai Sukuk as Bahrain and IILM also Issue

  2020-09-10 21:43:31

  Dubai’s recently issued $1 billion sukuk priced at an attractive 2.763% compared well to market peers including Sharjah which issued a similar amoun

• Sukuk Issuance Cross $1 Trillion Mark

  2020-07-18 19:53:35

  Since the issuance of the first modern sukuk in 1996 cumulative issuance of sukuk has crossed the US$ 1 trillion mark.

• Sukuk Market Developing Fastest in Saudi Arabia

  2020-07-18 19:46:51

  A government sukuk program has spurred greater corporate issuance in Saudi Arabia. Launched in 2017 with the aim to diversify funding, the Saudi finan

• Islamic Development Bank issues US$1.25 billion Sukuk

  2018-03-16 21:22:41

  This issuance is the Bank’s first benchmark public issuance in 2018. CIMB, Citi, Emirates NBD Capital, Gulf International Bank, HSBC, Natixis, SMBC

• Indonesia raises $3bn in Sovereign Sukuk including $1.25bn Green Sukuk

  2018-02-24 20:02:11

• First British Bank issues Sukuk

  2018-02-17 20:51:01