Saudi Arabia Sets Islamic Finance Benchmark with Record US$9bn Sukuk
After wowing the markets with its landmark US$17.5bn sovereign bond, the KSA repeated the trick on the Islamic finance side, issuing the largest sukuk …
Saudi Arabia
Is Dominance of Sukuk Issuance Shifting to Saudi Arabia?
WHAT is the total volume of foreign currency sukuk issued in Saudi Arabia and Malaysia in Q1 2017? The figure for Saudi Arabia, my research shows, is …
Saudis Pick Dublin for Record Islamic Finance Bond Deal
Saudi Arabia listed its biggest ever sharia-compliant bond, known as a sukuk, on the Irish Stock Exchange yesterday, cementing Dublin’s …
New Rules for Zakat, Tax Collection OK’d In Saudi Arabia
Riyadh: — The Council of Ministers on Monday approved new regulations to enable the General Authority of Zakat and Tax to carry out its main task of …
Eaglexpress To Export Halal Foods To Saudi Arabia
Eaglexpress, an airline that is dedicated to Haj and Umrah, may complement Malaysia’s ambitions of becoming a net exporter of Halal food.
The company …
SIASAT’S ‘ISLAMIC CALLIGRAPHY EXHIBITION’ TO START ON 30TH MARCH IN JEDDAH
Jeddah: Siasat Art Gallery is going to organize Islamic Calligraphy Exhibition in the Kingdom of Saudi Arabia from 30th March to 1st, April 2017 under …
Saudi Arabian Airlines Seeks $1.3bn Sukuk To Expand Fleet
National carrier Saudi Arabian Airlines (Saudia) is seeking to raise 5 billion riyals ($1.3 billion) via the first tranche of a sukuk isuance …
Saudi Lender To Help Introduce Islamic Finance In India
Mumbai: – Stating that Islamic finance offers advantages like lower bad loans, an arm of Islamic Development Bank (IDB) today said it will …
Islamic Banking Takes A Leading Role In Saudi Arabia, Says Fitch
In a new report, Fitch Ratings says Islamic finance is a mature and developed industry in Saudi Arabia, representing about two-thirds of total bank …
Saudia: A Game-Changing Strategy For Al Kifah Holdings Financial Arm
Tamweel for trading & Installment Company ( TTIC ) assigns Shariyah Review Bureau as it ambitiously looks at accelerating Shari’a compliant …
Mideast Stocks-Gulf Stock Markets Plunge On Weak Oil; Saudi Down 2.9%
DUBAI, Stock markets across the Gulf dropped sharply in a panic sell-off on Tuesday after the price of Brent crude oil hit a new five-year low of …
Saudi’s Advanced Petrochemical Sells SAR1bn Debut Sukuk
The five-year offering received investor orders worth SAR2.43 billion.
Saudi Arabia’s Advanced Petrochemical Co. has completed the sale of a SAR1 …
Saudia: Kingdom’s Doors ‘Fully Open For Investment’
When Abdullatif A. Al-Othman was picked to head the state-owned Saudi Arabian General Investment Authority (SAGIA) some 29 months back, he was a …
Saudi Bank Ends ‘Mother Of All’ Islamic Share Offers
The initial public offering by the NCB, which was hoping to raise US$6 billion, is one of the largest in the world this year and the biggest in the …
UAE, Saudi Arabia Offer Opportunities For The Islamic Insurance Sector
According to the EY report Waves of change: The shifting insurance landscape in rapid-growth markets, significant opportunities for growth are present …
Saudi Firm Takes Stake In French Poultry Producer
JEDDAH – The Saudi-Arabian food group Almunajem has taken a stake of 25% in the French poultry producer Groupe Doux. The transaction completes the …
Saudi British Bank Shows 25% Increase In Net Profit in Q3, 2014
Saudi Arabia: Saudi British Bank, the Saudi Arabia’s fifth-largest listed lender has posted a 25.2 percent rise in July-Sep period net profit on …
Saudi’s Fawaz Alhokair Signs $200m Islamic Loan With SocGen
Alhokair said on Thursday the facility will fund the acquisition and other expansion by the company
Saudi Arabia’s Fawaz Abdulaziz Alhokair Co signed …
HDC To Penetrate GCC Market Through Saudi Arabia
KUALA LUMPUR: The Halal Industry Development Corp (HDC) aims to expand halal export products to the Gulf Cooperation Council (GCC) from below RM2 …
KSA: Jadwa Investment Offers Tadawul to Foreign Investors
Jadwa Investment offers a detailed analysis about the prospects for the Saudi stock market following the announcement in late July 2014 by the Council …
Saudi Arabia: Riadh Industry Shows Performnace Boost In Q2, 2014
Saudi Arabia: Colliers reports that during the second quarter of 2014, Saudi Capital, Riadh’s industry has shown a huge performance during the last …
All Share Index Of Saudi Arabia, Tadawul Surpasses 11,000-Mark
Saudi Arabia’s Tadawul All Share Index surpassed 11,000 points for the first time in six years on Wednesday, five weeks after authorities announced …
Islamic Finance: Foreigners Feel Clash Of Investment Cultures On Saudi Bourse
Islamic Finance: Foreigners Feel Clash Of Investment Cultures On Saudi Bourse
Seventy-year-old Saudi Arabian stock speculator Mohamed al-Otaibi says …
Saudi Arabia At Forefront Of Regional Food Logistics
JEDDAH – The GCC region’s position as a major logistics hub for the global food industry is bolstered by significant re-export trade as …