Which projects are suitable for sukuk funding? The sukuk mechanism is most suited to fundraising on income producing assets as this enables the assets to be sold during the life of the transaction.

Dar Al Istithmar, the advisor to Goldman Sachs' <GS.N> planned $2 billion sukuk program, said it had finished obtaining the approval of Islamic scholars for the issue and that the next move ...

The SBP in consultation with the Islamic scholars is looking forward to finalising an alternate structure for issuance of Sukuk. There are some reservations of the Shariah scholars on assets-based ...

The transaction, settled on March 15, 2023, represented the first ever offering of its kind into the Middle East market from a North American corporate and the largest sukuk from a US-based ...

Ms. Zeeba Askar, Chief Sustainability and Investment Officer at Infracorp, delivered a presentation titled “Bahrain’s First Sustainable Sukuk”. She outlined the company’s transition from green sukuk ...

KUALA LUMPUR: The government is set to introduce a new dimension to its sukuk issuance through the 'wakalah bil-khadamat’ structure, as part of Malaysia’s ongoing efforts to bolster the ...

The Islamic Development Bank (IsDB) has mobilized USD 1.2 billion through a benchmark Sukuk issuance in the capital markets.The transaction was successfully issued amidst a volatile market period ...

Notable interest is being observed in the issuance of Sukuk by companies to meet short-term working capital requirements as an avenue to fund their financial resource requirements.