Sukuk

Finance & Capital Market

Kuwait International Bank prices debut $500m senior sukuk issuance

Sat, 05 Sep 2026

Kuwait International Bank (KIB) has announced the successful pricing of its inaugural $500 million unsecured issuance under its $1.5 billion sukuk programme. This strategic issuance supports the diversification of KIB's funding sources and boosts its long-term funding base.

Finance & Capital Market

Al Salam Bank named joint lead manager for $2.75bn Saudi SRC sukuk deal

Mon, 24 Aug 2026

Al Salam Bank was appointed as joint lead manager and bookrunner on Saudi Real Estate Refinance Company’s (SRC) $2.75 billion dual-tranche international sukuk issuance. The issuance, backed by Saudi PIF ranks as the largest US dollar-denominated GCC Sukuk of 2026.

Finance & Capital Market

NDMC closes August issuance under $2.5bn denominated sukuk program

Wed, 19 Aug 2026

The National Debt Management Center (NDMC) has announced the closure of the August issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The sukuk issuance was divided into five tranches with total amount allocated set at SAR9.518 billion ($2.5 billion).

Finance & Capital Market

Saudi PIF-backed group prices $2.75bn international sukuk

Thu, 09 Jul 2026

Saudi Real Estate Refinance Company, a PIF company, has announced the successful pricing of its third international issuance of sukuk with an aggregate value of $2.75 billion. It comprises two tranches - a $1.25 billion with a 5.5-year tenor and a $1.5 billion tranche with a 10-year tenor.

Finance & Capital Market

ASB Capital joint lead manager for Ajman Bank’s debut $300m sukuk

Wed, 29 Jul 2026

ASB Capital announced its appointment as Joint Lead Manager and Bookrunner on Ajman Bank’s (BBB+) inaugural USD 300 million Additional Tier 1 (AT1) perpetual non-call 5.5-year Sukuk, facilitating the bank’s first issuance in the international AT1 market.

Construction & Real Estate Finance & Capital Market

KIB Invest plays key role in $2.75bn Saudi Real Estate Refinance Co sukuk

Tue, 21 Jul 2026

Kuwait International Bank (KIB), through its Islamic investment arm KIB Invest, participated as a Joint Lead Manager in the pricing of the third issuance of international sukuk for the Saudi Real Estate Refinance Company (SRC), with a total value of $2.75 billion.

Finance & Capital Market

Ajman Bank lists $300m AT1 sukuk on Nasdaq Dubai

Wed, 15 Jul 2026

Ajman Bank has listed a $300 million Additional Tier 1 (AT1) perpetual sukuk on Nasdaq Dubai, marking its first capital securities issuance and strengthening its regulatory capital base. The issuance was around 1.7 times oversubscribed, attracting orders of more than $500 million.

Finance & Capital Market

Burjeel Holdings celebrates sukuk’s trading at London Stock Exchange

Fri, 10 Jul 2026

Burjeel Holdings, a leading super-specialty healthcare group in the GCC, on Friday celebrated the Market Open Ceremony at the London Stock Exchange (LSE), marking the admission of its inaugural $500 million Sukuk to trading on the International Securities Market.

Energy, Oil & Gas

Nasdaq Dubai lists $500m Sukuk issued by The Arab Energy Fund

Sun, 28 Jun 2026

Nasdaq Dubai has welcomed the listing of a $500 million Sukuk issued by The Arab Energy Fund (TAEF), strengthening the exchange’s position as a leading global hub for Islamic finance.

Finance & Capital Market Health & Environment

Burjeel launches $1.5bn senior unsecured sukuk programme

Tue, 23 Jun 2026

Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, has announced that it has received first-time corporate credit ratings from S&P Global Ratings and Moody’s Ratings, alongside the establishment of a $1.5 billion senior unsecured sukuk programme.