The Islamic Corporation for the Development of the Private Sector (ICD) is a hugely influential body focused on funding, encouraging and developing private sector activity across its 52 member countries. One of the most instrumental bodies offering support to corporates keen to

Once you have decided to take the step of raising funds in the Islamic debt capital market, one of the first and most important decisions will be whether to choose a private placement or public listing for your transaction. Both have their

Property finance is booming as real estate makes a comeback – and with bricks and mortar the perfect fit for the asset-based Islamic finance industry, compliant commercial financing is widely available and growing in popularity. One of the most popular methods of

Branchless banking is big news – in fact, it could be our financial future. Driven by the mass penetration of mobile phones and the evolving transactional needs of an ever-changing client base, Islamic banks have embraced the concept with multiple institutions now

Africa has long been a focus area for Islamic finance, with the twin potential of large Muslim populations combined with vast natural resources and a high demand for infrastructure and project financing. But the region has been slow to take off compared

Islamic aviation financing is on the rise – developing into a successful asset class that offers a template for how Shariah compliant structures can be applied and adapted to a wide variety of specific financing requirements. This month we look at how

On the 3rd May Malaysian energy giant YTL Power closed its latest Islamic deal – a RM2.5 billion (US$576 million) 10-year Sukuk, maturing in 2027 and priced at a satisfactory 5.05%. The transaction marks the growing demand for power in Malaysia, a

On the 4th May the UAE’s DAMAC Properties rang the bell to celebrate the listing of its US$500 million Sukuk on Nasdaq Dubai, in a step to support its latest drive towards luxury real estate development. The transaction brings the total value

CORPORATE Crisis talks for Dana Gas UAE: Dana Gas has started refinancing discussions with the holders of its US$700 million Sukuk maturing in October this year. After failing to receive payments from investments in Egypt and Kurdistan, the company has been plagued