Last month saw an unexpected twist in the high-profile Dana Gas case. After well over a year of acrimonious spats between the company and its creditors, an agreement has finally been reached with the majority of its Sukukholders to restructure its US$700

The month of Ramadan is always a quiet month for Islamic capital markets activity, and this year has been no exception. Running from the 17th May to the 16th June, the market has been quiet during the holy period. However, new figures

On the 24th May the Executive Board of the IMF endorsed a proposal on the use of the Core Principles for Islamic Finance Regulation (CPIFR), which were developed by the IFSB with the participation of the Secretariat of the Basel Committee on

At the 50th Anniversary Annual Meeting of FCI, a global representative body for factoring and financing of open account domestic and international trade receivables, members unanimously voted to make Islamic Shariah compliant factoring a part of the FCI’s group of supported business

Having good liquidity management is a key prerequisite for sustaining financial stability and helping to alleviate any liquidity shortage. Most people think of liquidity management as a matter for banks – but it is not just financial institutions that must plan for

In May 2018, Malaysian corporate Yinson Holdings made history with the first-ever perpetual Sukuk facility based on the concept of joint enterprise (Mudarabah) in a successful and fully subscribed issuance that shone a spotlight on the strength of the country’s domestic Sukuk

CORPORATE BINA DARULAMAN ISSUES ICP MALAYSIA: Bina Darulaman has floated a RM50 million (US$12.49 million) three-month Islamic commercial paper (ICP). The deal is arranged by Maybank Investment and matures on the 19th September 2018. AEON FLOATS PAPER MALAYSIA: AEON Co has floated