Middle East and North Africa

Middle East and North Africa

Saudi Arabia’s Dar Al-Arkan Lists $400m Sukuk on Nasdaq Dubai

On Wednesday, Nasdaq Dubai confirmed the listing of a $400m sukuk by Saudi Arabian property development company Dar Al-Arkan. Dar Al-Arkan reportedly has sold...

Doha Islamic Finance Conference Calls for Developing Dedicated ‘Islamic Capital Market’

The 6th Doha Islamic Finance Conference concluded Tuesday with a call for a strong coordination between various Islamic finance entities, universities and scientific research...

Bahrain’s GFH Financial Group Lists $300m Sukuk on Nasdaq Dubai

Bahrain’s GFH Financial Group, in a bid to raise capital to expand its operations, listed a $300m sukuk on Nasdaq Dubai on Sunday morning. Jassim...

KFH Capital to Launch First REIT Fund on Boursa Kuwait in...

KFH Capital, the investment arm of Kuwait Finance House (KFH), will launch the first REIT Fund on Boursa Kuwait on Monday, 2 March 2020. Earlier...

Islamic Development Bank Announces Highest Ever $2bn Sukuk

Islamic Development Bank (ISBD) recently announced that it achieved its highest ever order book at the launch of its $2bn Sukuk. The launch occurred...

Sico Named Receiving Agent in KFH Push to Acquire AUB

SICO BSC (c), a leading regional asset manager, broker, market maker and investment bank (licensed as a wholesale bank by the CBB), announced today...