Browsing: sukuk issuance

Emirates Islamic successfully issued a $750 million senior unsecured sukuk on March 18, 2025, attracting…

S&P Global Ratings anticipates strong growth for the UAE’s Islamic finance sector, largely driven by…

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Minister of Finance, highlighted the success of the Government Treasury Bonds Programme and the Dirham-denominated Islamic Treasury Sukuk Programme.

Dubai-based contractor Drake & Scull International has written off AED 4.18B ($1.1B) in financial and commercial debts and has started settling with other creditors after completing its restructuring requirements.

Saudi Real Estate Refinance Company (SRC), fully owned by the Public Investment Fund (PIF), has prolonged its refinancing arrangement with Alrajhi Bank by an additional SAR 5.8B, elevating the cumulative value of refinancing agreements between the two entities to SAR 10.8B.