Islamic Bond News Today

Profiles of Contesting Candidates For the Election of Shareholder Directors of PSX, to be held at EGM on April 03, 2024 MS. GU JUNMEI ...

Saudi Arabia’s sovereign wealth fund raised US$ 3.5 billion through the sale of Islamic bonds. PIF offered US$ 2.25 billion in 5 year Islamic bonds at 120 basis points over U.S. Treasuries and US$ 1.25 billion in 10 year bonds at 140 bps over Treasuries. PIF five year bonds, also known as sukuk, are trading…

Analyst from the global rating agency expects UAE to issue more financial certificates in the local currency to develop the capital market

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 66.80 points, or 0.59 percent, to close at 11,344.40 on Thursday as 132 of the 224 stocks rose, while 72 closed down. The top-performing index of the Saudi Stock Exchange was the Pharma, Biotech & Life Science Index, which soared 6.6 percent, followed by the insurance and transportation sectors, which rose 2 percent and

Investing in the bond market of Bangladesh can be a great way for beginners. Before investing, it is important to understand the different types of bonds such as government treasury bonds (G-Sec), corporate bonds and Sukuk (Islamic bond or Shariah-compliant bond).

Sukuk issuance volumes will continue declining this year to total about $150 billion as high inflation prompted major central banks to accelerate interest rate incre...

KCB joins NMB Bank and the National Bank of Commerce in offering bonds this year.

The Islamic Development Bank has given initial price guidance for a planned five-year Islamic bond at around mid-60s basis points over the five-year U.S. s..

KUALA LUMPUR: The Malaysian government has successfully tapped into the domestic capital market with an inaugural issuance of Sustainability Malaysian Government Investment Issues (Sustainability MGII) of RM4.5 billion in nominal value despite the uncertain global economic outlook, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

FEBRUARY 23 ― In March 2021, the government decided to adopt Single Wholesale Network (SWN) methodology to deploy 5G infrastructure for Malaysia. The two primary advantages of SWN are lowering average (deployment) cost per user per annum and ending telecom oligopoly and stimulating retail...