Search For "sukuk"
UAE mega projects, sustainability boost bonds, sukuk issuances
Updated : 1 year, 6 months ago IST
These large-scale initiatives and the country's focus on sustainable projects that support climate plans are key drivers of sukuk and bond issuances in the coming years.
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Islamic Treasury Bonds Auction for January attracts bids worth AED 6.91 bi
Updated : 1 year, 6 months ago IST
UAE's Ministry of Finance announces the results of its January Islamic Treasury Sukuk auction, attracting bids worth AED 6.91 billion, reflecting strong demand and oversubscription.
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Lunate launches Chimera JP Morgan Global Sukuk ETF
Updated : 2 years, 1 month ago IST
Lunate Capital, an Abu Dhabi-based management company, today launched the Chimera J.P. Morgan Global Sukuk ETF, an exchange-traded fund (ETF or the Fund) scheduled to list on the Abu Dhabi Securities Exchange (ADX) on 8th July.
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UAE: SCA extends decision to exempt registration fees for green or sustain
Updated : 2 years, 3 months ago IST
The Securities and Commodities Authority (SCA) today decided to extend the exemption from registration fees for green or sustainability-linked bonds or sukuk.
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Bank of Sharjah acts as Joint Lead Manager, Bookrunner in USD300 million s
Updated : 2 years, 3 months ago IST
Bank of Sharjah acted as a joint lead manager and bookrunner in a USD300 million Additional Tier 1 (AT1) 5.5-year sukuk for Kuwait International Bank (KIB), alongside other international and regional banks.
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Bank of Sharjah selected as joint lead manager in Sukuk issuance for Ittih
Updated : 2 years, 8 months ago IST
Bank of Sharjah announced its selection as Joint Lead Manager and Bookrunner in the debut USD 350 million 144A/Reg S senior unsecured sukuk for Abu Dhabi-based Ittihad International Investment LLC, alongside other international and regional banks.
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Third Islamic Treasury Sukuk auction achieves exceptional results
Updated : 2 years, 12 months ago IST
The third auction of the UAE T-sukuks programme witnessed a strong demand through the eight primary dealers, with bids received worth AED6 billion, and an oversubscription by 5.5 times.
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UAE: ADIB raises USD 750 million in US dollar-denominated tier-one perpetu
Updated : 3 years, 1 month ago IST
Abu Dhabi Islamic Bank (ADIB) announced today that it has successfully raised 750 million USD in the world’s first dollar-denominated additional tier-one (AT1) perpetual sukuk issued since March 2023.
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Pakistan's economic condition worsens as default on borrowing spikes
Updated : 3 years, 9 months ago IST
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
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Pak Finance ministry says debt burden is Rs 11.8 trillion higher than lega
Updated : 4 years, 6 months ago IST
Islamabad [Pakistan], January 26 (ANI): A report prepared by the Pakistan's Ministry of Finance showed that the federal government's burden was Rs11.8 trillion higher than legally allowed limit set by parliament and that some targets fixed under the debt management strategy were also breache
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Pakistan foreign currency reserves deplete after stalemate over IMF packag
Updated : 4 years, 7 months ago IST
Islamabad [Pakistan], December 24 (ANI): Pakistan's foreign currency reserves are depleting after the persistent stalemate over the renewal of the IMF package.
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Emaar Malls plan merger with Emaar Properties a credit negative: Moody's
Updated : 5 years, 5 months ago IST
Dubai [UAE], March 8 (ANI): Moody's Investors Service has said the proposed merger of Emaar Properties and its subsidiary Emaar Malls by way of share swap will be credit negative for the latter.
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