#newsoftheday Saudi Arabia raises over USD 2 billion from multi-tranche Sukuk The Sukuk market issuance may reach around USD 160-170 billion in 2024, from USD 168.4 billion at 2023-end and USD 179.4 billion in 2022. #internationalfinance #saudiarabia #sukukmarket #islamicfinance #usd2billion #multitranchesukuk #globalfinance #investment #sukukissuance #capitalmarkets #financialgrowth
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#newsmakeroftheday Saudi Arabia leads Gulf as global sukuk issuances set to surpass 2023 Moody’s expects global sukuk issuance volumes in 2024 to range between USD 200-210 billion, up from just under USD 200 billion. #internationalfinance #sukukissuance #saudiarabia #globalfinance #gulfleaders #moodysprediction #2024sukuk #investmentgrowth #financialmarkets
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Saudi Arabia has attracted $2.09 billion in an October Sukuk Issuance Saudi Arabia's October sukuk issuance reaches $2.09 billion, marking a 201% increase from September, reflecting strong growth in the kingdom's sukuk market Read More: https://shorturl.at/HEBgj #SaudiArabia #SukukIssuance #Investment #IslamicFinance #MiddleEastEconomy #SaudiEconomy #FinancialMarkets #GlobalFinance #SukukMarket #CIOArab #Bonds #EconomicGrowth
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#newsoftheday Second Saudi government sukuk savings round attracts over USD 255.73 million Offering an attractive return rate of 5.63% for this March 2024 round, the sukuk is slated for maturity in March 2025. #internationalfinance #saudiarabia #saudieconomy #islamicfinance #sukuk #investments #business #finance
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Saudi Wealth Fund's $2B Sukuk Issuance Attracts Global Interest The #PublicInvestmentFund (PIF) of Saudi Arabia successfully issues $2 billion in Islamic bonds, or sukuk, amid substantial global demand, exceeding initial expectations. This strategic financial move underlines the kingdom's robust economic position and investor confidence. For more information, visit Saudi Business News. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #PIF #IslamicFinance #Sukuk #Investment #GlobalEconomy #Finance
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The Capital Market Authority (CMA) has recently approved significant regulatory enhancements in the areas of Sukuk and bond issuances in the Kingdom of Saudi Arabia (KSA). The approved amendments aim to develop the regulatory framework for offering debt instruments in KSA, contributing to attracting a wider range of issuers and enhancing investment in the Sukuk and debt market. Click the link to know more - https://lnkd.in/dmBxnBFY #RegulatoryEnhancements #CapitalMarketAuthority #AlTamimi
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The Saudi Investment Bank (SAIB) has finalized its $750 million USD-denominated additional Tier 1 sustainable sukuk issuance, as part of its international Tier 1 sukuk program. The sukuk will be listed on the International Securities Market (ISM) of the London Stock Exchange. The Saudi Investment Bank
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Saudi Wealth Fund's Sukuk Yield Adjustment Reflects Investor Confidence In a move signaling robust investor interest, Saudi Arabia's Public Investment Fund (PIF) has recalibrated the yield on its seven-year, dollar-denominated sukuk. Initially indicated at 115 basis points above US Treasuries, the yield has been tightened to 85 basis points, against a backdrop of orders exceeding $17 billion. This strong demand underscores the confidence investors place in the Kingdom's financial instruments. Discover the full story behind PIF's strategic yield adjustment on Saudi Business News, link in bio! #PIF #Sukuk #InvestorConfidence #FinancialMarkets #SaudiArabia #PublicInvestmentFund #US_Treasuries #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia
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The Sukuk and debt capital market of Saudi Arabia has recorded significant expansion, said the Capital Market Authority (CMA), achieving an annual growth rate of 7.9% since 2019. The market’s growth reached approximately SAR105 billion (US$27.98 billion) in 2023, compared with SAR72 billion (US$19.18 billion) in 2019. This was driven primarily by unlisted issuances, which grew at an annual rate of 9.6%. https://lnkd.in/eGAPEFrQ #REDmoney #IFN #IslamicFinance #Finance #SaudiSukukMarket #DebtCapitalExpansion #InvestmentGrowth #MarketDevelopment #FinancialInfrastructure #GlobalSukuk #CMASaudi #SaudiArabia
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The CMA's recent changes pave the way for deepening debt markets in KSA. These changes coupled with the new Companies Law allowing for bonds and Sukuk to be issued by LLCs and JSCs will impact KSA's DCM landscape positively.
The Capital Market Authority (CMA) has recently approved significant regulatory enhancements in the areas of Sukuk and bond issuances in the Kingdom of Saudi Arabia (KSA). The approved amendments aim to develop the regulatory framework for offering debt instruments in KSA, contributing to attracting a wider range of issuers and enhancing investment in the Sukuk and debt market. Click the link to know more - https://lnkd.in/dmBxnBFY #RegulatoryEnhancements #CapitalMarketAuthority #AlTamimi
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The Sukuk and debt capital market of Saudi Arabia has recorded significant expansion, said the Capital Market Authority (CMA), achieving an annual growth rate of 7.9% since 2019. The market’s growth reached approximately SAR105 billion (US$27.98 billion) in 2023, compared with SAR72 billion (US$19.18 billion) in 2019. This was driven primarily by unlisted issuances, which grew at an annual rate of 9.6%. https://lnkd.in/dKZJW3T4 #REDmoney #IFN #IslamicFinance #Finance #SaudiSukukMarket #DebtCapitalExpansion #InvestmentGrowth #MarketDevelopment #FinancialInfrastructure #GlobalSukuk #CMASaudi #SaudiArabia
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