Sukuk

Finance & Capital Market

Saudi Arabia to join JP Morgan Emerging Market Bond Index

Thu, 23 Apr 2026

Saudi Arabia will join the JPMorgan Emerging Market Bond Index (GBI-EM) in 2027, with sovereign bonds expected to reach a 2.52% weighting.

Finance & Capital Market

$500m Arab Energy Fund sukuk listed on Nasdaq Dubai

Thu, 05 Feb 2026

Nasdaq Dubai welcomed the listing of a $500 million sukuk issued by The Arab Energy Fund, a leading multilateral impact financial institution, marking its third issuance on the exchange.

Finance & Capital Market

Strong demand for first 7-year tranche of UAE's Islamic Treasury Sukuk

Mon, 23 Feb 2026

The UAE Ministry of Finance (MoF), in its capacity as issuer and in collaboration with the Central Bank of the UAE (CBUAE) as issuing and payment agent, has launched the first-ever 7-year tranche of UAE dirham-denominated Islamic Treasury Sukuk (T-Sukuk) valued at AED550 million.

Finance & Capital Market

Nasdaq Dubai posts strongest year; outstanding Sukuk value tops $100bn

Mon, 16 Feb 2026

Nasdaq Dubai attracted a record number of sukuk listings in 2025, supported by sustained issuance activity from regional and international issuers and continued global investor demand for Sharia-compliant debt instruments.

Construction & Real Estate Finance & Capital Market

Binghatti Holding successfully prices $500 million sukuk

Tue, 10 Feb 2026

Binghatti Holding, one of the UAE’s fastest-growing real estate developers, has successfully priced a long five-year $500 million benchmark sukuk under its $1.5 billion Trust Certificate Issuance Programme, in a transaction that was 4.4 times oversubscribed.

Finance & Capital Market

Bank Nizwa closes $519m Omani sovereign sukuk issue

Tue, 30 Dec 2025

Oman’s Bank Nizwa has announced that it had successfully closed the 10th series of local currency sovereign sukuk worth RO200 million ($519 million), thus highlighting the bank’s expertise and leadership in Islamic finance and investment banking.

Finance & Capital Market

Abu Dhabi Islamic launches debut AED-denominated sukuk for investors

Thu, 13 Nov 2025

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, in collaboration with the Ministry of Finance, has launched the first UAE Dirham-denominated sovereign sukuk for individual investors via the ADIB Smart Sukuk Platform, thus marking a major milestone in the UAE’s financial market,.

Finance & Capital Market

Flooss appoints SICO to structure $10m sukuk issuance

Thu, 09 Oct 2025

SICO, a leading regional asset manager, broker, market maker, has been appointed by Flooss Bahrain, a digital platform providing Sharia-compliant financing, to act as financial advisor and lead manager for a proposed securitisation sukuk issuance of up to $10 million.

Energy, Oil & Gas

Oman Electricity Transmission achieves $750m 5-year green sukuk issuance

Sun, 26 Oct 2025

Oman Electricity Transmission Company (OETC), the sole owner and operator of Oman's electricity transmission network and a key subsidiary of Nama Group, has announced the pricing and issuance of its inaugural RO 288.5 million ($750 million) 5-year Green Sukuk under its Green Financing Framework.

Energy, Oil & Gas

Energy Development Oman issues USD 10-year sukuk worth $650m

Wed, 28 Jan 2026

Energy Development Oman (EDO) has announced the s issuance of a USD 10-year Sukuk of RO 250 million ($650 million), maturing in January 2036. Priced at a profit rate of 5.14 per cent, the Sukuk achieved a credit spread of 100 basis points over the 10-year US Treasury benchmark, representing the tightest pricing ever secured by an Omani government-related entity (GRE).