Middle East and North Africa

Middle East and North Africa

Nasdaq Dubai Welcomes Listing of $600m ICD Sukuk

Nasdaq Dubai has welcomed the listing of a $600 million sukuk by the Islamic Corporation for the Development of the Private Sector (ICD), the...

Dubai Islamic Bank Completes Integration with Noor Bank

Dubai Islamic Bank (DIB), the UAE’s largest Shariah-compliant bank, on Monday said it had completed the integration of Noor Bank following completion of the...

Turkey Subsidiary Evyap Sabun Malaysia to Issue RM500m Sukuk

Turkey-based personal care product manufacturer Evyap Group's Malaysian subsidiary Evyap Sabun Malaysia Sdn Bhd has proposed to undertake a RM500mil Sukuk Wakalah programme. Malaysian Rating...

Emirate of Sharjah to Raise $250mn in 2029 Sukuk Re-Opening

Sharjah, the third-largest of the United Arab Emirates, sold $250 million in a re-opening of existing sukuk due in October 2029, a document from...

Abu Dhabi’s Etihad Airways Launches D2.2b ‘Green’ Sukuk

Abu Dhabi's Etihad Airways has issued a Dh2.2 billion sukuk linked to its sustainability targets. The terms of the Sharia-compliant bond will have the...

Dubai Sets Up Dedicated Stock Market for SMEs – Nasdaq Dubai...

Dubai has launched a new stock market for small and mid-sized companies - the Nasdaq Dubai Growth Market. It will enable fast-growing companies to...