sukuk

Pakistan repays $1bn sukuk before maturity to avert default risk

ISLAMABAD: Pakistan has successfully made a repayment of $1 billion international Sukuk (Islamic bonds) on… Read More

Rs200 billion Sukuk ‘landmark financial innovation’: PM Imran

'Landmark financial innovation with Rs 200 bn Sukuk issued through competitive book building at PSX' Read More

Abdul Hafeez Shaikh says govt raised Rs200b through Sukuk

 The adviser lauded the excellent team effort of Ministry of Finance Debt Office, Securities and… Read More

Federal govt issues Sukuk worth Rs200 billion for power sector

The public sector entity owned by the Ministry of Energy issued Sukuk worth Rs200 billion… Read More

Pakistan invites proposals to float Sukuk, Eurobonds

The finance ministry has invited financial institutions to submit their proposals to work as financial… Read More

Saudi issues new Islamic sukuk to finance budget

Saudi Arabia said it has completed the issuance of a new Islamic sukuk sale to… Read More

Pakistan successfully issued US$1bn sukuk at 5.5% rate: Dar

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar on Thursday expressed satisfaction that Pakistan successfully issued… Read More

Government launches $500 million in Islamic bonds

KARACHI: Government is set to launch $500 million in Islamic bonds to raise money for… Read More

Pakistan grants tax neutrality for sukuk deals

ISLAMABAD: Pakistan's Federal Board of Revenue has granted sukuk transactions similar tax treatment to conventional… Read More

Govt determined to support capital and Sukuk market: Dar

ISLAMABAD: Finance Minister Ishaq Dar said the government was determined to promote capital and Sukuk… Read More

APICORP launches $3bn Islamic sukuk programme

RIYADH: The Arab Petroleum Investments Corporation (APICORP) said Monday it has established a $3-billion Islamic… Read More

K-electric sells country’s largest corporate sukuk

KARACHI: Karachi-based utility K-Electric has sold 22 billion rupee ($215.9 million) worth of seven-year Islamic… Read More

IDB puts Islamic finance on AIIB drawing board

SARAJEVO: The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the… Read More

G20 sets sights on sukuk for infrastructure financing

ANKARA: The G20 group of major nations has included discussion of Islamic bonds as an… Read More

Al Baraka Bank plans subordinated sukuk in Jordan

MANAMA: Bahrain-based Al Baraka Banking Group is planning on issuing its first Islamic bonds, or… Read More

Pakistan issues sukuk rules as corporate issuance revives

ISLAMABAD: Pakistan's capital market regulator has published long-awaited rules for the issuance of sukuk, or… Read More

K-electric eyes 7-year tenor for largest corporate sukuk

KARACHI: K-Electric will test a seven year tenor for its latest Islamic bond, a 22… Read More

Bank Islami plans capital-boosting sukuk

ISLAMABAD: Bank Islami Pakistan, the country's second largest full-fledged Islamic bank, plans to raise 3.5… Read More

Mobilink tests credit guarantee for sukuk

ISLAMABAD: Mobilink - the country's largest telecommunications operator, plans to raise 6.9 billion rupees ($68.6… Read More

After Western sukuk debuts, Islamic finance looks to emerging sovereigns

LONDON: This year's rush by top-rated non-Muslim countries to tap the burgeoning Islamic finance market… Read More