Mubasher: Boursa Kuwait has entered into a memorandum of understanding (MoU) with The International Stock Exchange Group Limited (TISE) as part of the GCC exchange’s commitment to strengthening the position of the Kuwaiti capital market as an …
Riyadh - Mubasher: Qassim Cement Company has signed a Shariah-compliant credit facility agreement with the Saudi National Bank (SNB) valued at SAR 1.50 billion on 22 December. The ten-year facility will support the financing of the company’s …
Dubai - Mubasher: Fitch Ratings has assigned a ‘B+’ rating to Gulf Navigation Holding’s new sukuk issuance at AED 612 million ($167 million), reflecting the company’s solid financial position and stable outlook. The issuance has been primarily …
Cairo - Mubasher: Tamweel Mortgage Finance has raised EGP 5.52 billion through the issuance of the Middle East’s first Mudaraba sukuk, according to a press release. The offering aims will be used to acquire under-construction residential units …
Abu Dhabi – Mubasher: Nasdaq Dubai recently welcomed the listing of $500 million Sukuk by Sharjah Islamic Bank (SIB), as part of the lender’s $3 billion Trust Certificate Issuance Programme. The five-year Sukuk will mature in November 2030, …
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) began offering USD-denominated Sharia-aligned Sukuk on 24 November 2025, according to a bourse filing. The company has mandated Abu Dhabi Commercial Bank (ADCB), Citigroup, Emirates NBD …
Riyadh - Mubasher: Derayah Financial Company signed a Sharia-compliant credit facility agreement worth SAR 500 million with the Saudi National Bank (SNB) on 16 November 2025. The company will utilize the funding to support its core operations, …