Sukuk Going Green
A monthly MIFC Insights Report has been published entitled Sukuk Going Green: Malaysia Continues to Drive Innovation which discusses on the shift of finance towards a…
Capital markets
Learning to live with slow growth
S&P says the Islamic finance industry will continue to expand this year but lose momentum in 2018, according to a report called "Islamic Finance 2018:…
IIFM workshop in London
The International Islamic Financial Market (IIFM) organised a workshop on its Islamic hedging and liquidity management standards, which was hosted by Clifford Chance at their…
Bahrain’s proposed Sukuk trust certificates assigned ‘BB-‘ preliminary rating
S&P has assigned its preliminary 'BB-' long-term foreign currency rating to the planned US dollar-denominated Sukuk transaction by CBB International Sukuk Company 6 SPC (Bahrain…
Danajamin Nasional’s Sukuk Murabahah rated
MARC has assigned ratings of AAAIS and AA+IS to Danajamin Nasional’s Senior and Subordinated Sukuk Murabahah respectively of up to RM2bn under a proposed Sukuk programme. Concurrently, MARC has…
Celcom Networks RM5bn Sukuk Murabahah Programme
MARC has affirmed its rating on Celcom Networks’ RM5bn Sukuk Murabahah Programme of AA+IS and continues to maintain a negative outlook on the rating. CNSB provides network telecommunication…
TNB Northern Energy Sukuk
MARC has affirmed its AAAIS rating on TNB Northern Energy's outstanding Sukuk of RM1.595bn with a stable outlook. TNB Northern Energy is a funding vehicle of its parent TNB…
Sukuk are just the ticket for Africa
The global Sukuk market surged in the first half of 2017, but African issuers did not contribute to the trend with only $2bn of Sukuk…
Malaysia’s first Green Sukuk
Securities Commission Malaysia has announced the issuance of Malaysia’s first green Sukuk under its Sustainable & Responsible Investment (SRI) Sukuk framework. SC chairman Tan Sri…
Alam Maritim Resources’ Sukuk ratings downgrade
MARC has downgraded its rating on marine services provider Alam Maritim Resources' RM500 million Sukuk Ijarah Medium-Term Notes to BB+IS from BBB+IS. The rating remains on MARCWatch…