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28 September 05:09 PM

Islamic Finance

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25 September 08:17 AM Aldar’s AIP raises $290m via green sukuk taps
Abu Dhabi - Mubasher: Aldar Investment Properties (AIP), a subsidiary of Aldar Properties, has raised $290 million through taps on its green sukuks maturing in 2034 and 2035. The offering was 2.8x oversubscribed, drawing $830 million in orders, …
Banking and Finance
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18 September 06:49 AM Emirates Islamic offers world's 1st sustainability-linked financing Sukuk of $500m
Dubai – Mubasher: Emirates Islamic Bank has successfully priced a $500 million sustainability-linked financing Sukuk, the first globally. The Sukuk attracted a strong demand with $1.20 billion and was oversubscribed 2.4 times, according to a press …
Global Economy
Lumena by OMNIYAT
15 September 05:59 PM OMNIYAT raises $900m through Sukuk financing
UAE – Mubasher: Real estate developer OMNIYAT has by far secured a total of $900 million in 2025 through Sukuk offerings. The developer recently priced a $400 million 3.5-year Sukuk, marking its second issuance in less than six months, according …
Real estate
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8 September 03:53 PM Al Rajhi Bank to issue USD Tier 2 social Sukuk
Riyadh - Mubasher: Al Rajhi Bank plans to issue US dollar-denominated Tier 2 social trust certificates under its international trust certificate issuance program, according to a bourse filing. The offering is expected to be through a special …
Sukuk and Islamic Finance
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26 August 04:35 PM Knowledge Economic City obtains SAR 305m Islamic financing from Riyad Bank
Riyadh - Mubasher: Knowledge Economic City Company has secured a Shariah-compliant financing valued at SAR 305 million from Riyad Bank. The loan aims to fund the completion of the Al-Alya Project’s remaining residential component, according to a …
Banking and Finance
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26 August 12:33 PM WSM to issue SAR 500m Sukuk program
Riyadh - Mubasher: WSM for Information Technology Company plans to establish a local Sukuk Program for issuing local Shariah-compliant Sukuk at a value of SAR 500 million. The tech firm also appointed Impact Financial Company as the financial …
Companies Investments
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26 August 09:14 AM SAB plans to offer USD-denominated Tier 2 green notes
Riyadh - Mubasher: Saudi Awwal Bank (SAB) intends to issue USD-denominated Tier 2 capital green notes under its medium-term note program, which received provisional ratings from Moody's. The proposed offer will target eligible investors in Saudi …
Companies Investments
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26 August 07:51 AM Alnima Bank intends to issue dollar-denominated offering
Riyadh - Mubasher: Alinma Bank plans to issue USD-denominated Sustainable Additional Tier 1 (AT1) capital certificates under its AT1 capital certificate issuance program. The issuance will be carried out through a special purpose vehicle and …
Banking and Finance
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25 August 02:56 PM Banque Saudi Fransi to issue USD-denominated Tier 2 notes
Riyadh - Mubasher: Banque Saudi Fransi (BSF) plans to issue USD-denominated Tier 2 capital notes under its medium-term note program. The issuance, expected to take place through a special purpose vehicle, will be offered to eligible investors in …
Banking and Finance
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3 August 07:41 AM Binghatti prices $500m benchmark Sukuk under $1.5bn program
UAE – Mubasher: Real estate developer Binghatti Holding has priced a $500 million five-year Senior Unsecured Sukuk in a transaction that was oversubscribed five times, according to a press release. The Sukuk will be listed on both Nasdaq Dubai and …
Sukuk and Islamic Finance
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7 July 05:05 PM ADIB allocates AED 17.3bn for sustainable finance in 2024
Abu Dhabi - Mubasher: Abu Dhabi Islamic Bank (ADIB) has mobilized AED 17.30 billion in sustainable finance by the end of 2024, advancing toward its AED 60 billion target by 2030. ADIB became the first Islamic bank in the region to set …
Sukuk and Islamic Finance
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1 July 11:28 AM SAB intends to issue SAR-denominated Tier 1 Sukuk
Riyadh - Mubasher: Saudi Awwal Bank (SAB) plans to issue SAR-denominated Tier 1 Sukuk through a private placement in Saudi Arabia, according to a bourse filing. In line with its Additional Tier 1 Sukuk issuance program, the offering aims to …
Companies Investments
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24 June 04:32 PM Dar Al Arkan to issue USD fixed-rate senior Sukuk
Riyadh - Mubasher: Dar Al Arkan Real Estate Development Company plans to issue a USD-fixed-rate, Shariah-compliant 'RegS' senior unsecured Sukuk in the global market. The company has mandated a consortium of banks as joint lead managers and …
Banking and Finance
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2 April 06:52 PM Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking
Mubasher: Ayan Capital, a fast-growing provider of halal vehicle financing, has raised up to GBP 25 million in Sharia-compliant financing facility from institutional debt provider Partners for Growth (PFG). The investment reflects the rising …
Sukuk and Islamic Finance
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13 March 02:24 PM Nasdaq Dubai lists $1bn Sukuk by Ras Al Khaimah government
Dubai – Mubasher: Nasdaq Dubai has welcomed, on 13 March 2025, the listing of the Government of Ras Al Khaimah’s 10-year $1 billion senior unsecured Sukuk at a profit rate of 5.038% issued on 5 March, according to a press release. The government …
Sukuk and Islamic Finance
National Central Cooling Company (Tabreed)
5 March 03:53 PM Tabreed raises $700m inaugural green Sukuk as 1st issuance under $1.5bn programme; listed banks partake
Dubai – Mubasher: National Central Cooling Company (Tabreed) has raised $700 million through an inaugural, five-year green Sukuk, which marks the first issuance under its new $1.50 billion trust certificate issuance programme. The new Sukuk will …
Companies Investments
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30 January 06:11 PM Islamic T-bonds auction for January 2025 attracts over AED 6.9bn bids
UAE – Mubasher: The UAE’s Ministry of Finance, as the issuer, collaborated with the Central Bank of the UAE (CBUAE), as the issuing and paying agent, to announce the results of the Islamic Treasury Sukuk (T-Sukuk) auction denominated in UAE …
Banking and Finance
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10 October 2024 00:45 PM GFH to launch $500m sukuk programme
Mubasher: The ordinary general meeting (OGM) of GFH Financial Group approved the board’s recommendations to establish a trust certificate issuance programme with a value of up to $500 million. Through a special purpose vehicle (SPV), the …
Companies Investments
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6 October 2024 06:28 PM Aramco completes $3bn international Sukuk issuance
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has concluded a $3 billion international Sukuk issuance that comprised of two equal US dollar-denominated tranches. The first $1.50 billion offering matures in 2029, carrying a profit rate of …
Sukuk and Islamic Finance
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21 July 2024 04:52 PM GCC fixed income markets see $75.5bn issuances in H1-24 – Report
Mubasher: Primary debt issuances of bonds and sukuk in the Gulf Cooperation Council (GCC) countries surged to $75.50 billion in the first half (H1) of 2024, marking a 38% year-on-year (YoY) increase from $54.80 billion. Saudi Arabia led the GCC …
Banking and Finance
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18 July 2024 05:35 PM ADCB achieves AED 5bn net profit before tax in H1-24
Abu Dhabi – Mubasher: Abu Dhabi Commercial Bank (ADCB) reported net profits before tax worth AED 5.02 billion in the first half (H1) of 2024, signalling a 28% annual increase from AED 3.92 billion. In addition, the net profits after tax of ADCB …
Sukuk and Islamic Finance
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18 July 2024 04:03 PM Binghatti sukuk tap 420% oversubscribed on strong global demand
UAE – Mubasher: Dubai developer Binghatti saw record interest for its recent $200 million sukuk tap, receiving around $2.10 billion in orders. That represented an oversubscription of approximately 420% backed by global investors, according to a …
Real estate
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14 July 2024 00:16 PM UK’s fintech firm Offa launches Islamic BTL service for expats in region
Mubasher: Offa, the first Shari’a-aligned bridge finance fintech based in the UK, unveiled a buy-to-let finance (BTL) service to offer fast funding decisions by carrying out a modern paperless process, according to a press release. The new Islamic …
Sukuk and Islamic Finance
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11 July 2024 03:41 PM Islamic Development Bank finances solar, battery projects in Uzbekistan
Riyadh – Mubasher: The Islamic Development Bank (IsDB) is providing financing for 200 megawatts (MW) solar farm and 500 MW battery storage projects in Uzbekistan's Tashkent region. The historic renewable energy venture, sponsored by Saudi firm …
Banking and Finance
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11 July 2024 09:55 AM Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia
UAE – Mubasher: Nasdaq Dubai welcomed three Sukuk issued by Indonesia at a combined value of $2.35 billion, under its $35 billion Trust Certificate Issuance Programme. The new listings reinforce Dubai's position as the world's leading centre for …
Sukuk and Islamic Finance