The Business Times

Sukuk bonds

Property

Malaysia’s PNB plans RM6 billion sukuk for skyscraper project

The company will also use the money raised to refinance its existing sukuk

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.
Asean Business

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

Aramco sold US$1.5 billion in five-year sukuk at a spread of 85 basis points (bps) over US Treasuries and US$1.5 billion in 10-year Islamic bonds at 100 bps above the same benchmark.
Energy & Commodities

Saudi Aramco raises US$3 billion from second debt sale since July

The debt-raising comes at a time when it is producing about a quarter below its oil capacity

Studio Gypsied founder Nur Aqilah Zailan, 36, preserves and promotes the heritage of Nusantara women through her business, by working closely with artisans and tailoring partners in Indonesia.
Asean Business

Indonesia to launch US$1 billion orange bonds to empower women-led MSMEs

Building on its success with green sukuk bonds, it introduces orange bonds to narrow the gender gap and support women entrepreneurs

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