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By bnm Gulf bureau Saudi Alinma Bank announced the completion of its dollar-denominated sukuk offering under the Trust Certificate Issuance Programme, following its launch to qualified investors ...
DUBAI - Arada Sukuk Limited announced Friday it has extended the deadline for certificate holders to receive a consent fee related to its $500 million Trust Certificates due 2027.
Arabian Gulf Business Insight on MSN20d
Egypt raises $1bn from sukuk sale to Kuwait Finance House
Egypt has raised $1 billion after reviving its global sukuk programme amid the ongoing regional uncertainty. The three-year sukuk was fully subscribed by sharia-compliant Kuwait Finance House through ...
The increasing use of these Islamic financial instruments reflects the growing sophistication of Indonesia’s capital markets.
The issuance of the trust certificates by CBB International Sukuk Programme Company is based on a press release statement and has been disseminated by RNS, the news service of the London Stock ...
CAYMAN ISLANDS - Riyad Sukuk Limited, a Cayman Islands-based company with limited liability, has announced that it will redeem its $1.5 billion Fixed Rate Reset Tier 2 Trust Certificates due 2030. The ...
Alinma Bankcommenced the issuance of US dollar-denominated sukuk under its Trust Certificate Issuance Program, the bank said ...
The green sukuk certificates were priced at a spread of 461.7 basis points over the 3-year US Treasury yield and carry a profit rate of 8.375%.
The Sukuk Certificates will be offered in denominations of Rs 10,000/- or multiples of Rs 10,000/-, with a minimum investment requirement of Rs 50,000/-, i.e. for 5 Sukuk Certificates.
DUBAI - Arada Sukuk 2 Limited announced Friday it has extended the deadline for certificate holders to receive a consent fee related to its $550 million Trust Certificates due 2029. The company has ...
The green sukuk was met with strong demand from international and regional investors, with the order book oversubscribed 3.6x times, reaching USD 1.8 billion. The green sukuk certificates were ...