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Saudi Arabia raises 17 bln riyals in first domestic sukuk - Nasdaq.com

(Corrects headline to remove the word "tranche" as 17 billion riyals refers to the total sukuk) DUBAI, July 24 (Reuters) - Saudi Arabia has raised 17 billion riyals ...
Nasdaq    July 25, 2017

First S. Arabia domestic Sukuk issued

Saudi Arabia's government made its first offer of riyal-denominated Islamic bonds to investors, auctioning Sukuk with maturities of five, seven and 10 years. Riyadh is launching a domestic Sukuk issuance programme to help cover a large budget deficit ...
Oman Tribune    July 24, 2017

Dana Gas sukuk dispute may be prolonged by UAE court delay

The delay may reduce the chances of sukuk holders being repaid when the bonds mature in October. Dana initiated proceedings in a Sharjah court last month, claiming the bonds had become unlawful in the UAE following changes in Islamic finance ...
Nasdaq    July 24, 2017

Saudi finance ministry says domestic sukuk program established

DUBAI (Reuters) - Saudi Arabia's ministry of finance said on Sunday it had established a program to issue local currency Islamic bonds, as the government covers a large budget deficit caused by low oil prices. The ministry described the program as ...
Reuters    July 23, 2017

Saudi finance ministry says domestic sukuk program established

DUBAI (Reuters) - Saudi Arabia's ministry of finance said on Sunday it had established a program to issue local currency Islamic bonds, as the government covers a large budget deficit caused by low oil prices. The ministry described the program as ...
Reuters    July 23, 2017

Regional corporates send out sukuk-ready signals

In the world of capital markets, being ready to issue sukuk or debt capital market instrument is one sign of corporate maturity. It indicates that the company has come of age and carries enough weight and value in the marketplace to reach out to a wide ...
gulfnews.com    July 23, 2017

The prospects for green bonds and green sukuk in the Middle East

Following the region's inaugural green bond this year, what is the potential for further green-labelled bonds or sukuk from the region? This round table, sponsored by Latham & Watkins, London Stock Exchange Group, and S&P Global and hosted by the ...
Environmental Finance    July 21, 2017

Soaring sukuk sales mean outlook is encouraging

About 86 per cent of the $367bn outstanding sukuk are held by a small group of countries, including Malaysia, Saudi Arabia, the UAE and Indonesia. Other countries, including Turkey, Pakistan and regions such as Africa are forecast to boost their market ...
The National    July 20, 2017

Saudi finance ministry says 13 banks qualify for domestic sukuk programme

SE> assisted with structuring the sukuk, the ministry said in a brief statement which did not give further details or specify when issuance would start. It said any issues would be at the ministry's discretion. Finance minister Mohammed al-Jadaan told ...
Nasdaq    July 18, 2017

13 Banks complete requirements for participation in Saudi Sukuk Program

Riyadh, Shawwal 24, 1438, July 18, 2017, SPA -- The Debt Management Office (DMO) at the Ministry of Finance (MoF), Kingdom of #SaudiArabia is pleased to announce that it has completed receiving all requirements from the following 13 Saudi licensed ...
MENAFN.COM    July 18, 2017

Sukuk Publications

Sukuk by Industry
Sukuk name Country Size Maturity
Abu Dhabi National Energy Co. (TAQA) Sukuk 4.65% 03-Mar-2022 Malaysia 650M 03/03/2022
ADIB Capital Invest 1 Ltd (Abu Dhabi Islamic Bank Sukuk) 6.375% 16-Oct-2018 United Arab Emirates 1B 16/10/2018
Advanced Petrochemical Company Sukuk 18-Dec-2019 Saudi Arabia 1B 18/12/2019
Africa Finance Corporation (AFC) Sukuk 24-Jan-2020 Nigeria 150M 24/01/2020
AHB Sukuk Company Ltd (Al Hilal Bank Sukuk) 01-Jan-2019 - Tranche 2 United Arab Emirates 225M 01/01/2019
Login to view United Arab Emirates 500M 08/10/2018
Login to view United Arab Emirates 500M 26/11/2019
Login to view Malaysia 45M 25/01/2018
Login to view Turkey 250M 30/11/2025
Login to view Saudi Arabia 1.6B 17/09/2022
Login to view United Arab Emirates 650M 09/04/2019
Login to view United Arab Emirates 500M 20/04/2022
Login to view Malaysia 310M 28/05/2021
Login to view Saudi Arabia 500M 28/10/2020
Login to view Turkey 250M 28/03/2023
Login to view Malaysia 500M 19/11/2020
Login to view Malaysia 60M 15/02/2021
Login to view Malaysia 70M 15/02/2023
Login to view Malaysia 15M 15/02/2021
Login to view Malaysia 5M 15/02/2021