GIB Saudi Arabia raises SAR 1.5 billion in debut Sukuk issuance
Gulf International Bank – Saudi Arabia (GIB KSA), a leading bank in the Kingdom, has successfully issued its first Tier 2 Sukuk worth SAR 1.5...
ABHI becomes first fintech in MENAP region to issue Islamic bonds
KARACHI, PAKISTAN: ABHI, a leading embedded finance platform in the Middle East, North Africa and Pakistan (MENAP) region, has announced that it has issued Islamic...
K-Electric closes PKR 25 bn Sukuk, the largest ever Sukuk issue in Pakistan’s private sector
KARACHI: K-Electric (KE) announced the successful closure of its PKR 25 billion Sukuk which is the largest Sukuk issue in the private sector of Pakistan....
Trading in GFH Financial Group’s $300 million Sukuk begins
DUBAI: Jassim Alseddiqi, Chairman of GFH Financial Group (GFH), rang the market opening bell today at Nasdaq Dubai to celebrate the listing of the Group’s...
QIIB begins pre-Sukuk launch business tour
DOHA: Qatar International Islamic Bank has begun a business tour involving a series of meetings with investors in several countries, as the bank plans to...
Al Waseelah issues $50 million Sukuk in European market
LONDON: In a first for the European market, Al Waseelah plc has issued a USD 50 million 10% 7-year Sukuk to finance the expansion of...