Islamic bonds

Saudi oil giant Aramco raises US$3 billion from Islamic bonds

Investors appear unperturbed by an Israeli attack on neighbouring Qatar

Instead of needing to commit upwards of US$200,000 – the typical entry point for conventional sukuk – an e-hailing driver or a university student could buy a stake in a government-backed sukuk with as little as RM100, thanks to tokenisation.

Malaysia set to lead push into tokenised sukuk, disrupting Islamic finance

The move could bring what has long been the preserve of institutions and ultra-wealthy investors within the reach of ordinary Malaysians

Saudi Aramco is aiming to raise up to US$3 billion in the deal.

Saudi Aramco sets price guidance for dollar sukuk bonds, term sheet shows

SAUDI Aramco has set the initial price guidance for 5- and 10-year dollar sukuk bonds, according to a term sheet reviewed by Reuters on Wednesday.

What are the investment trends in Islamic investing to look out for?

BT Money Hacks: Untapped potential in Islamic investing (Ep 171)

The S&P 500 Shariah equivalent has outperformed the S&P 500 on a regular basis and Islamic investing is attracting interest from non-Muslim retail investors as well. Howie Lim finds out more.

Even with crude prices up 10 per cent this year, it’s trying to borrow its way through a fiscal squeeze caused by the need to fund huge projects championed by Crown Prince Mohammed bin Salman (top), to transform the economy.

Saudi Arabia ramps up bond sales to help fund MBS’ big projects

A US$5 billion sukuk on Tuesday brought total international debt sales from the kingdom this year to US$17 billion, more than any other emerging-market sovereign

The PIF, along with the government of Saudi Arabia, last month joined a wave of emerging market issuers seeking to take advantage of rising demand for debt before central banks are expected to lower interest rates later this year.

Saudi Arabia's wealth fund to tap debt market for second time this year

Saudi Arabia’s sovereign wealth fund has hired banks to tap the debt market for the second time this year with an Islamic dollar bond, a document emailed to the banks on Monday (Feb 26) and reviewed b...

“We hope this transaction will create positive momentum for Islamic banking and finance in the Philippines, and we look forward to the active participation of all stakeholders,” says Finance Secretary Benjamin Diokno.

Philippines raises US$1 billion from maiden sukuk issue

The Philippines has raised US$1 billion from its maiden issue of sukuk or Islamic bonds, the country’s treasury bureau said in a statement on Thursday (Nov 30).