In August 2018, NASDAQ Dubai announced plans to allow retail investors access to its primary Sukuk market – following on the heels of Bursa Malaysia, which made the promise toward the end of 2017. Should this come to pass, a whole new
An increasing number of corporates are taking advantage of Islamic capital markets’ strength to issue regular short-term commercial paper to meet their ongoing financing needs. Already a popular route for domestic firms, now overseas corporates such as Japan’s AEON are moving into
One of the fastest-growing banks in the UAE has made history with the launch of the region’s first-ever eco-friendly auto financing products, marking the next milestone in the onwards trend for green finance and the biggest step yet in the convergence of
Leasing, or Ijarah, is one of the most common concepts in the Islamic finance armory. Used in a wide variety of applications from Sukuk structures to home financing loans, from mutual funds to bank financing, the contract is both popular and easily
In July 2018, Singapore-based property conglomerate Royal Group closed the world’s largest-ever Islamic hotel financing deal, in a move that showcased not only the strength of the Islamic debt capital market and the ever-eager appetite of its investors, but the increasing popularity
CORPORATE AQRS OBTAINS ISLAMIC FINANCING MALAYSIA: AQRS The Building Company, a wholly-owned subsidiary of Gabungan AQRS, has signed a fresh Islamic banking facility in acceptance of the fresh Islamic term financing facility-i of up to RM115 million (US$28.02 million) from Maybank Islamic.