CBB Sukuk Al-Salam Securities Oversubscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 390%.
Subscriptions worth BD...
A3 Ratings Affirmed for Dubai Islamic Bank
Moody's Investors Service has affirmed its A3 long and short term foreign and local currency issuer ratings of Dubai Islamic Bank (DIB) with a...
KFH: Kuwait’s Real Estate Deals Generate $1.26bln in April
The value of real estate transactions in Kuwait surged a 33% month-on-month to KWD 385 million ($1.26 billion) in April on the back of...
Sharjah Islamic Bank Mandates Banks for Capital Boosting Sukuk
United Arab Emirates’ Sharjah Islamic Bank has hired banks to arrange investor meetings ahead of an issuance of U.S. dollar-denominated sukuk, or Islamic bonds,...
Saudi Arabian Issuers Boost Sukuk in First Five Months of 2019
The sukuk market enjoyed a strong start to the year but it may not last, S&P Global Ratings said Sunday in the "The Sukuk...
Zain KSA Signs a SAR 2.2 Billion Murabahah Financing Facility
Mobile Telecommunication Company Saudi Arabia (Zain KSA) has signed a SAR 2.25 billion Murabahah facility with a consortium of local and regional banks to...