Country Profiles

• Hong Kong readies for investor meetings for second Sovereign Sukuk

  2015-05-14 21:08:12

  The Government of the Hong Kong has begun investor meetings for the issuance of its second Sukuk.

• Japan is right to seek sukuk success

  2015-04-18 00:33:10

  The Japanese supervisory body has allowed banks under its watch to engage in so-called Islamic finance at their overseas branches starting this month.

• IILM Issues 3 Month Sukuk - Sukuk Orderbook Sinks

  2015-04-18 00:25:54

  Weak order book likely down to this weeks large dual Sovereign sukuk issued by Government of Malaysia absorbing much liquidity from the market.

• Up to $120 billion Sukuk Likely to Issued in 2015

  2015-04-15 21:27:59

  In a research note, RAM Rating stated new global sukuk issuance to remain fairly resilient in 2015, at around USD100 billion to USD120 billion.

• Sukuk Updates - Rasameel GCC Market Update March 2015

  2015-04-10 22:57:14

  Sukuk issuances in March 2015 surged in terms of both value and number ; by value soared 55% y-o-y to USD2.6bn.

• IILM to Issue $860m 3 month Sukuk

  2015-04-10 22:53:44

  The International Islamic Liquidity Management (IILM) announced it intends to issue an $860m 3 month sukuk on 16 April 2015.

• RAK orderbook down from previous sukuk as airline crash impacts Emirates sukuk

  2015-03-27 22:48:21

  RAK order book down as Emirates Airline sukuk hit by negative market sentiment for airline sector

• Updated 1: Indonesia government issues regular sukuk

  2015-04-01 11:11:15

  Issuance of IDR1.98 trillion from incoming bid amounting IDR3.25 trillion, slightly lower than indicative target of IDR2 trillion.

• Unrest in the Middle East limits sukuk gains over the week

  2015-03-27 21:54:04

  The Bloomberg Sukuk Market Return Index (BMSSUTR) rose marginally 0.07% W-o-W (vs. +0.13% in week prior) to 119.71, bringing YTD return to 1.23%

• Moody's affirms Pakistan Sukuk Rating whilst revising outlook for foreign currency government bond rating to positive

  2015-03-25 12:35:14

  Moody's affirms Pakistan US dollar Trust Certificates issued by The Second Pakistan International Sukuk Company Limited with Caa1 rating.