An oversubscription rate of 7.1 times was announced, according to the UAE news agency WAM. Shutterstock ARAB NEWS March 26, 202416:26 RIYADH: The UAE’s treasury sukuk auction received bids totaling […]
DR. MOHAMED RAMADY October 08, 2021 Short Url https://arab.news/9v85m There has been a perceptible rise in interest in sukuk investment by both private individuals and governments issuing sukuk bonds like […]
Indebted and beleaguered power utility Eskom Holdings is preparing to issue a R1 billion sukuk (Islamic) bond in its efforts to secure alternate funding sources to reduce mounting borrowing costs. […]
Pakistan, which has had 12 bailouts since late 1980s, is trying to avert a balance of payment crisis amid dwindling foreign currency reserves and a yawning current account deficit. Reuters@moneycontrolcom […]
Submitted by Abayomi Alawode On Thu, 02/15/2018 co-authors: Ahmad Hafiz Abdul Aziz, Ana Maria Aviles Malaysia is home to a vibrant Islamic banking sector. Islamic finance has grown rapidly in the past two decades and it now stands as a potential contributor in supporting the Sustainable Development Goals. Photo: bigstock/joyful […]
March 19, 2018 By Correspondents The growth of the Islamic finance sector will continue to outstrip the growth of conventional assets across core Islamic finance markets in coming years, as demand for Shari’ah-compliant financial instruments rises, Moody’s Investors Service, has said. “The Islamic finance sector will be supported by governments, […]
We are just referring you here to Wikipedia: http://en.wikipedia.org/wiki/Sukuk Sukuk: From Wikipedia, the free encyclopediaJump to: navigation, search Part of a series on Sukuk (Arabic: صكوك, plural of صك Sakk, “legal instrument, deed, check”) is the Arabic name for financial certificates, but commonly refers to the Islamic equivalent of bonds. […]
Reuters | Mar 11,2012 | 22:38 JORDAN TIMES ISTANBUL — Turkey’s government plans its first-ever issue of Islamic bonds this year, overcoming sensitivities about Islamic finance in the secular republic as it seeks to tap a rich pool of investors flush with oil money. A sovereign sukuk issue from an […]