Nasdaq Dubai Welcomes DP World with Listing of US$1.5 Billion Sukuk
The listing carves a significant position as the largest UAE debt issuer on Nasdaq Dubai
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Sharjah Islamic Bank Prices $500mn Sukuk on Nasdaq Dubai
The five-year long sukuk met with a profit rate of 2.85% pa showing the credibility of ...
Saudi’s Finance Ministry issues $1.53bn in Sukuk
Saudi Arabia’s Ministry of Finance has raised 5.755 billion riyals ($1.53 billion) in sukuk, as part of the monthly ...
Saudi Debt Market Liquidity Triples to SR 2.5 Billion as Sector Expands
The debt market of Saudi Arabia is expected to double in the next five years in ...
BlackRock-led investors in Aramco pipelines start bond sale
The Saudi-backed Hassana Investment Co., led by BlackRock, had signed a lease-and-leaseback agreement amounting to $15.5 ...
Shuaa, the leading investment banking platform launches new Sharia-compliant funds bringing assets under management to $200 million
Shuaa Capital on Tuesday announced that the newly-opened funds would bring in assets under management on ...
FX Reserve Slumps to $6.7bn, Pakistan Looks to Saudi Arabia for Assistance
Net foreign reserves with commercial banks stand at $5.867 million. Liquid foreign reserves in totality held ...
Pakistan shut out of bond markets – USD6 billion bailout from IMF is the only resort
Pakistan Finance Minister Miftah Ismail said that the Pakistani government is unable to secure funding from ...
Pakistan: SECP to unveil Takaful Technology in 2022
The Securities and Exchange Commission of Pakistan(SECP) officials notified the media regarding the new-fangled initiatives of ...
Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million
Al Salam Bank, headquartered in Bahrain, and a leading regional Islamic bank, posted a 7 percent ...
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