The global sukuk market is heading into another solid year in 2015, even though some emerging headwinds could slow its progress compared to 2014, said Standard & Poor's in a new report.
Sukuk issuance reached $116.4 billio
Gulf issuers of overseas bonds, kept on the sidelines by volatile markets, may revive their issue plans after Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, completed a $1 billion sukuk issue.
Flydubai celebrated the listing of the airline’s $500 million (Dh1.84 billion) inaugural sukuk on Nasdaq Dubai.
Ghaith Al Ghaith, chief executive officer of flydubai, today (January 14) rang the market-opening bell, for the
Bahrain Bourse (BHB) has announced that from today (January 11) investors can directly subscribe to the Government Islamic Lease Securities (sukuk) in the primary market through registered brokers at the bourse.
The subscription p
Dubai Islamic Bank said on Tuesday it picked eight banks to arrange roadshows from January 8 for a potential benchmark size dollar-denominated sukuk issue which will boost the bank's capital reserves.
If the sale goes ahead af
A mechanism that allows investors, both individuals and institutions, to have direct ownership in government bonds and sukuk issued by Central Bank of Bahrain (CBB) has been launched by the Bahrain Bourse (BHB).
The exchange said
The National Bank of Abu Dhabi’s (NBAD) Sukuk Income Fund has earned a total income of $798,923, which is equivalent to 2.33 per cent of the net asset value (NAV), which includes the intended dividend pay-out of $0.12 per unit.
The potential demand and supply pipeline of sukuk is expected to grow, a new survey has found.
Despite this increase, demand is still expected to outstrip supply substantially until next year, when it is predicted that supply will
The private sector arm of the Jeddah-based Islamic Development Bank (IDB) plans to tap Islamic capital markets to raise as much as $1.2 billion in long-term funds during its current financial year, its chief executive said.
Dubai Aviation Corp, known as flydubai, has launched a $500 million five-year sukuk at the tight end of its previously-marketed price range, with the sale set to complete later on Wednesday, a document from lead managers said.