Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
US dollar Islamic bonds: What is it? As world's biggest oil company Aramco plans to raise $3-$4 billion for Sukuk that follows Shariah principlesSaudi Aramco during its earnings call in August said it planned to continue borrowing, adding that the company's balance sheet gearing was ...
Indonesia launches 5-year US dollar Islamic bond, 10-year green sukuk, term sheet showsIndonesia launched a five-year U.S. dollar sukuk at 4.85% and a 10-year green sukuk at 5.5% on Wednesday.
India ready to give Maldives aid as sukuk default risk loomsIndia is prepared to offer the Maldives emergency financial support to address its financial challenges, including a potential sukuk defaul...
Saudi Arabia issues nearly $9.6 billion local sukuk after early redemptionsThe government of Saudi Arabi has issued new local currency Islamic bonds worth around 35.9 billion riyals ($9.57 billion) after buying bac...
Saudi Aramco seen raising $3 bn-4 bn with dollar sukuk: SourcesThe debt issuance, which will at least partly fund a large dividend that mostly goes to the government, will comprise tranches of three, fi...
Saudi Aramco mandates banks for inaugural dollar sukukThe banks will arrange fixed income investor calls starting on Monday, the document from one of the banks showed. An issuance of sukuk in t...
Saudi's NCB looks to bolster Tier 1 with dollar sukuk: DocumentNCB, majority owned directly and indirectly by the Saudi government, hired Citi, Emirates NBD Capital, Goldman Sachs International, JPMorga...
Dubai Aerospace Enterprise sells $750 million in five and a quarter years sukukDAE had given initial price guidance of around 4.375% for the Islamic bonds earlier on Thursday, according to a separate document also from...
Kuwait International Bank sells $300 million sukuk: DocumentGulf issuers have turned to international debt markets to plug finances hit by weak oil prices and the COVID-19 pandemic, with 2020 issues ...
Etihad starts marketing dollar transition sukuk at around mid-2%: DocumentThe airline gave initial price guidance in the mid-2% area for the sukuk, according to the document from one of the banks arranging the dea...
Qatar Islamic Bank sells $750 million in sukukThe 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...
Arab National Bank hires banks for dollar sukuk, document shows"The amount and terms of offer of the sukuk will be determined subject to the market conditions," ANB said in the filing.
- Investors shun Middle-east debt as unrest escalates
Asian investors said they are avoiding Shariah-compliant debt in the Middle East as unrest escalates across the region, causing concern tha...
- Islamic scholars toughen rules on sale of bonds
Religious scholars are imposing tougher rules on the sale of Islamic bonds to investors after stating that most of the securities may not f...
- SEBI okay may see Islamic funds enter Indian realty
Booming Islamic finance is likely to acquire assets in India through Islamic Real Estate Investment Trusts.
- UAE gas company launches $1 bn Islamic bond
A UAE based gas company has launched an exchangeable Islamic bond worth $1 billion.