Saudi Aramco during its earnings call in August said it planned to continue borrowing, adding that the company's balance sheet gearing was ...

The government of Saudi Arabi has issued new local currency Islamic bonds worth around 35.9 billion riyals ($9.57 billion) after buying bac...

Pakistan has raised a whopping USD 1 billion loan through the Sukuk bond at a record 7.95 per cent interest rate, the highest cost that the...

The debt issuance, which will help fund a $75 billion dividend commitment that will mostly go to the government, comprises tranches of thre...

The debt issuance, which will at least partly fund a large dividend that mostly goes to the government, will comprise tranches of three, fi...

The banks will arrange fixed income investor calls starting on Monday, the document from one of the banks showed. An issuance of sukuk in t...

SRC plans to issue up to $1 billion in sukuk, or Islamic bonds, before the end of the year, its director of treasury and global capital mar...

NCB, majority owned directly and indirectly by the Saudi government, hired Citi, Emirates NBD Capital, Goldman Sachs International, JPMorga...

DAE had given initial price guidance of around 4.375% for the Islamic bonds earlier on Thursday, according to a separate document also from...

Gulf issuers have turned to international debt markets to plug finances hit by weak oil prices and the COVID-19 pandemic, with 2020 issues ...

The deal comes amid a barrage of bond sales from the Gulf, as issuers seek to shore up their finances that have been dented by cheap oil an...

"The amount and terms of offer of the sukuk will be determined subject to the market conditions," ANB said in the filing.

Al Salam Bank BSC, Bahrain’s fastest-growing lender by revenue in the past year, plans to invest $500 million of Islamic funds in Asia, joi...

Religious scholars are imposing tougher rules on the sale of Islamic bonds to investors after stating that most of the securities may not f...

Booming Islamic finance is likely to acquire assets in India through Islamic Real Estate Investment Trusts.

Sheikh Nizam Yaquby is the gatekeeper to the $1 trillion market for managing Muslim wealth. Yaquby, who lives in Bahrain, says he's on advi...

Corporate India will have a new set of deep-pocket investors eyeing investments in both equity as well as debt in India.