Emirates NBD Capital Closes Islamic Development Bank’s $1.5b Sustainability Sukuk
Emirates NBD Capital Limited, the investment banking arm of Emirates NBD has closed Islamic Development Bank (IsDB)’s first ever US dollar sustainability sukuk.
The bank...
IsDB Sells $1.5B in 5-Year Sukuk
The Jeddah-based Islamic Development Bank sold $1.5 billion in five-year sukuk on Thursday, a document showed, which it will use to finance projects in...
Sharjah Islamic Bank Successfully Prices $500mln Sukuk
Sharjah Islamic Bank (SIB) priced a $500 million (AED1.83 billion) long 5-year sukuk, with a profit rate of 2.85 percent per annum, fetching it...
Al Baraka Signs Sukuk Trading Deal with Bahrain Bourse
Al Baraka Islamic Bank and Bahrain Bourse (BHB) have signed an agreement allowing the bank to buy and sell Sharia-complaint ijara sukuk through the...
Islamic Body Joins Hands with UNHCR to Help Refugees
In order to strengthen collaboration and governance in the area of Islamic social finance, the UN Refugee Agency, UNHCR and the Accounting and Auditing...
IRTI Partners with Blocko’s E24P to Build a Blockchain-Based Smart Credit...
The research arm of the Islamic Development Bank Group (IsDB), Islamic Research and Training Institute (IRTI), has partnered with Samsung-backed blockchain technology firm, Blocko,...