Sobha Realty complete US $230mn Sukuk Tap

Sobha Realty has announced the execution of a tap into its existing sukuk on 10 September 2024. This latest tap is an...

Financial

Arada successfully closes $50mn second tap of sukuk

Sharjah-based developer Arada has successfully closed a $50mn second tap of its existing $450mn sukuk, which was issued last June and listed...

Financial

Arada closes $100mn tap of Sukuk issuance

Developer Arada has successfully closed a US $100mn tap of its existing $350mn sukuk, which was issued in June and listed on...

Consultant

GFH reveals key role played in Dar Al Arkan’s $400mn sukuk sale

Bahrain’s GFH Financial Group has announced it acted as joint lead manager, alongside other parties, on the pricing and issuance of a...

Consultant

SRC plans to issue $1bn in sukuk by end of 2021

Saudi Real Estate Refinance Company (SRC) plans to issue up to $1 billion in sukuk (Islamic bonds) by the year-end, it has...

Consultant

SRC plans issue of $1.1bn long-term sukuk

Saudi Real Estate Refinance Company (SRC) is planning to issue up to $1.1bn of long-term sukuk as it prepares to purchase more...

Construction

DSI: Sukuk to ‘enhance’ MEP operational capacity

Drake and Scull International (DSI), the Dubai-based construction contractor, has announced that it is targeting the issue of a sukuk convertible into...

Property

Emaar lists $750m sukuk on Nasdaq Dubai

Developer Emaar Properties on Monday listed a $750 million sukuk on Nasdaq Dubai, the region’s international financial exchange. The listing has raised...

Property

Dubai’s Damac raises $100m in sukuk issue

Damac says its property development arm has raised $100 million via a sukuk, or Islamic bond, which will partly be used to...

Construction

Depth of sukuk market needs to improve

[caption id="attachment_14594" align="aligncenter" width="451"] Financial experts have said that GCC policy makers should concentrate on developing more non-banking financial services.[/caption] RELATED ARTICLES:...