In a strategic move to broaden the reach of Al Manassah Sukuk Trading Platform in the UAE, National Bonds has onboarded the ...

Dubai, United Arab Emirates, 14 July 2025 — In a strategic move to broaden the reach of Al Manassah Sukuk Trading Platform in the UAE, National Bonds, the UAE’s leading Sharia-compliant savings and ...

Partnership aims to drive financial inclusion, operational efficiency, and customers empowerment across the UAE’s Islamic ...

Dana Gas PJSC, the Sharjah, United Arab Emirates-based energy producer, has no plans to repay the two mudaraba sukuk of $350 million in size each due Oct. 31, and the company is confident it will ...

Islamic finance operators are scrambling to tighten the industry's rules in order to make sure other companies cannot take the same path as Dana Gas, which this week forced a $700 million debt ...

SYDNEY/DUBAI, Dec 6 (Reuters) - Issuers of Islamic bonds are changing the language in documentation for new issues to reassure investors after a United Arab Emirates company refused to redeem $700 ...

Thus sukuk holders, in effect, take on credit risk with no direct recourse to the asset in a default scenario. Under Standard 62, the asset is likely to be transferred to a special purpose vehicle ...