Tag: Sukuk

Saudi Arabia opens June round of Sah savings sukuk with 4.76% return  

Sah is Kingdom’s first savings-focused sukuk designed for individual investors Bonds structured for one-year term with fixed returns, profits to be paid at maturity RIYADH: Saudi...

Saudi Arabia’s PIF starts selling 7-year sukuk, document shows 

RIYADH: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has begun accepting bids for the sale of benchmark-sized, dollar-denominated 7-year Islamic bonds, or...

Saudi Arabia raises $704m through sukuk issuances in March 

Issuance divided into four tranches, with first one valued at SR364 million and set to mature in 2027 Latest riyal-denominated offering follows an SR3.07 billion...

Saudi Arabia raises $910m in November sukuk offering 

RIYADH: Saudi Arabia’s National Debt Management Center has completed its riyal-denominated sukuk issuance for November, raising SR3.41 billion ($910 million), a 28.19 percent year-on-year...

Aramco Completes $3 Billion International Sukuk Issuance

Aramco, one of the world's leading integrated energy and chemicals companies, announced in a press release today that it had completed a $3 billion...

New Sharia standard could disrupt sukuk market: S&P

The adoption of the new Sharia Standard 62 could disrupt the sukuk market as soon as next year, S&P Global Ratings said as it...

Nasdaq Dubai Welcomes USD 500 million Sukuk by the Sharjah Islamic Bank

Nasdaq Dubai welcomes the listing of USD 500 million Sukuk issued by the Sharjah Islamic Bank (SIB). This marks the sixth issuance under the...

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