The law of supply and demand is one of the most basic principles of economic theory. When an item is scarce but many people want it, the price of the item will rise. When there is a larger supply than the market

Islamic bonds have hit the headlines this month as media channels from CNBC to the BBC jump onto the bandwagon with predictions of mainstream success within the next five years. And why? Because a new trend for standardization of transactions will make

Corporate finance requirements come in many different forms, but one of the standard imperatives (and often one of the biggest expenses) for a firm is the need for premium office space. Business premises are important – and in Oman, a new Islamic

Credit guarantee corporate schemes can be the ideal way for small businesses to access financing at reasonable cost, especially firms with limited collateral. Islamic banks offer a wide range of credit guarantee facilities that allow SMEs to tap financial institutions through state-backed

A major economic overhaul and a new ambitious national vision to transform the oil-dependent Saudi Arabia into a diversified global investment powerhouse have not only transformed its future but opened up the gates for a flood of interest in Islamic finance. With

The lack of secondary trading has long been recognized as a barrier to the growth of the Islamic capital markets, with most investors ‘buying to hold’, especially in the debt space. However, a new move from the Indonesian Financial Service Authority (OJK)

Financial technology is a growing market, and one which is already disrupting conventional financial services and providing compelling new cost-effective alternatives for the retail and corporate market alike. Malaysia has recognized the importance of developing this new sector, and this year the

Infrastructure undertakings across multiple markets are including Shariah compliant tranches in their fundraising activities in order to leverage the high liquidity of the Islamic market and expand their pool of potential investors. From highway construction to water systems, power plants to railway

Last month Jordanian tourism firm Al-Tajamouat for Touristic Projects, the parent company of TAJ Mall, signed an agreement with Jordan Dubai Islamic Bank (JDIB) and JordInvest to arrange an Islamic bond issuance of JOD45 million (US$63.7 million). Only the second corporate issuance

Malaysia-based Sime Darby recently made its third entry to the Islamic bond market with a successful RM2.2 billion (US$546.94 million) despite its recent credit downgrade – showing that even amid turbulent conditions, Islamic transactions can provide a secure and cost-effective form of

Corporate considering the issuance of Islamic bonds can be intimidated by the perceived uncertainty, complexity and potential consequences of tapping a new market. In this interview, RIZWAN KANJI explains why private placement can be a realistic, attractive and successful alternative to public

This case study aims to highlight the successful IDR1,500 billion issuance, structured as a Sukuk Ijarah, by PT XL Axiata Tbk (“XL Axiata” or “The Company”). Introduction and Background XL Axiata is one of the major cellular providers in Indonesia. XL Axiata

Supported by a robust regulatory framework, a culture of innovation and dynamism in its financial markets and an accessible and inclusive approach to Islamic finance products, Malaysia has played and will continue to play, a vital role in developing the global Sukuk

The Islamic banking sector has emerged in recent years as one of the fastest growing segments within the Omani financial market garnering strong support from both the Government and the legislature. Demand for Islamic finance products led to the introduction of Islamic

News briefs CORPORATE Sukuk on the horizon for Almarai SAUDI ARABIA: The largest integrated dairy foods firm in the world recently approved its latest five-year plan for 2017-21 which will see its investment pans financed through the issuance of Islamic bonds as