Country Profiles

• First Sukuk issued under United States law by University Bank

  2016-04-18 22:56:32

  The U.S. dollar-denominated Shariah compliant perpetual sukuk issuance is believed to be the first sukuk to be included within the Additional Tier 1 c

• Malaysia Sukuk Pending and ICD Issuance Rounds Up Week

  2016-04-16 15:18:10

• ICD Sukuk Listed on London Stock Exchange

  2016-04-13 19:48:42

  The AA/(p)Aa3 (Fitch/Moody’s) rated Jeddah based supranational is a unit of Islamic Development Bank (IDB), issued a lacklusture debut sukuk which w

• ICD Downsizes Sukuk to $300M – Draws Blanks from Market

  2016-04-11 19:48:21

  A Gulf based banker from one the arrangers said the lack of buyers of the paper reflected the challenging times Gulf based banks are facing.

• IIFM releases 5th Sukuk Report

  2016-04-11 20:54:02

  Overall Sukuk trend remains encouraging with new entrants and expansion of issuances amongst established markets

• RHB Sukuk Weekly: Producers’ Freeze Talks Gets Tougher; Fitch Downgraded Sime Darby to BBB+

  2016-04-10 19:56:07

  In the MYR primaries, Malaysia Airline Berhad (NR) priced MYR1.5bn Pc23 sukuk at profit rate of 6.10%.

• Malaysia Government Issues MYR 3.5 billion Sukuk

  2016-03-10 22:48:43

  As part of its GII issuance programme, the Government of Malaysia issued a MYR 3.5 billion sukuk.

• RHB Global Sukuk Weekly: Sovereign Ratings under Review for Downgrade by Moody’s

  2016-03-10 22:12:34

  Moody’s downgraded the sovereign ratings of Bahrain to Ba1, and placed it on review for further downgrade together with other GCC countries.

• After Sukuk Issuance IDB and Mali sign US $44 million agreement to supply water to 8.5 million people

  2016-03-07 22:07:47

  The overall project will improve water access in and around Bamako City from 60.25 per cent in 2013 to 75 per cent in 2020, and later to 80 per cent.

• RHB Sukuk Weekly: Dwindling Expectations for Fed Rate Hike Continues to Drive Support

  2016-02-21 13:01:37

  In the MYR space, UMW Holdings printed MYR200m (AAA) 3y and 5y tranches at 4.5% and 4.7% respectively, for refinancing purposes.