BEWG’s RM400m Sukuk Wakalah rated
MARC has affirmed its rating of AAIS on BEWG’s RM400m Sukuk Wakalah with a stable outlook. The rating is underpinned by the credit strength of…
Capital markets
Two Sukuk listed by Sharjah Islamic Bank and DAMAC Properties
Sharjah Islamic Bank listed a $500m Sukuk, and DAMAC Properties isted a $400m instrument on Nasdaq Dubai. These listings bring the total value of all…
Dar Al-Arkan lists $500m Sukuk
Dar Al-Arkan Real Estate Development Company chairman Yousef Bin Abdullah Al-Shelash rang the market opening bell to celebrate the listing of a $500m Sukuk on…
Shari’ah compliant real estate securities solution launched
La Française Forum Securities has launched its first Shari’ah compliant real estate securities separately managed account on behalf of an Islamic banking and investment services…
Two-month public consultation covering standards in Islamic banking, Islamic capital markets and Takaful sectors
The Islamic Financial Services Board has issued three exposure drafts for a two-month Public consultation period starting March 282 following the approval of the IFSB…
Cerah Sama RM420m Sukuk
MARC has affirmed its rating of AA-IS on Cerah Sama’s RM420m Sukuk with a stable outlook. Cerah Sama is the investment holding company of Grand Saga, the concessionaire of…
Nasdaq Dubai sees listing of $1bn Sukuk by Sharjah
Nasdaq Dubai has seen the listing of a $1bn Sukuk issued by the emirate of Sharjah. It is the first sovereign Sukuk to be issued…
Islamic Development Bank $1.25bn Sukuk listing on Nasdaq Dubai
Nasdaq Dubai has seen the listing of a $1.25bn Sukuk by the Islamic Development Bank, whose activities include financing development projects for its 57 member countries. The…
Government of Indonesia lists two Sukuk valued at $3bn
The government of Indonesia thas listed two Sukuk with a total value of $3bn on Nasdaq Dubai. The collaboration underlines the close relations between the…
DIB lists $1bn Sukuk on Nasdaq Dubai
Dubai Islamic Bank has listed a $1 billion Sukuk on Nasdaq Dubai, the first benchmark dollar-denominated Sukuk from a GCC issuer in 2018. The bank…