- Although the oil price still fluctuate in the markets and many of Muslim countries got affect from this dilma espicially the Arab Gulf countries we see the trust is still working with Sukuk and İslamic bonds about 55$ billon dolar was the mount of dealing with the İslamic bonds and it is expected to reach 65 $ billion dolar in 2016 .
International Islamic Bank
Qatar : Qatar International Islamic Bank is preparing to conduct a Tier 1 sukuk issue worth 1 billion riyals ($275 million), it said in a statement on Thursday.
500 million Sukuk on Nasdaq Dubai
Dubai : today rang the market-opening bell to celebrate the listing of a USD 500 million Sukuk on Nasdaq Dubai .The total nominal value of Sukuk currently listed in Dubai has now reached USD 37.81 billion, reinforcing its position as the largest centre in the world for Islamic bond listings.Dr. Abed Al Saadoun, Chairman of the Arab Petroleum Investments Corporation (APICORP) has stated .
Islamic banking in Oman
Muscat : Within three years of its launch, Islamic banking in Oman has garnered a 7.45 percent share in the total banking sector in Oman, said H E Hamood Sangour al Zadjali, executive president of Central Bank of Oman (CBO).
Kuwait’s government plans to issue bonds
KUWAİT : Kuwait’s government plans to issue both international and domestic bonds to help cover a budget deficit caused by low oil prices, finance minister Anas al-Saleh said on Tuesday.
The Islamic Financial Services
Egypt : The Islamic Financial Services Board (IFSB) is pleased to announce that it is organising an IFSB Seminar on Supporting Development through Sukuk: Prospects and Initiatives on 10 April 2016 in Cairo, Egypt. This Seminar will be held in conjunction with the IFSB Annual Meetings and Side Events 2016, which the Central Bank of Egypt is hosting.
The Bahrain İslamic Bank
Bahrain : The İslamic Bahrain Bank has announced that it will implement the (risk analayz system ) in the credit and risk managment ,which facilitate releasing and puplication the financial listis and reinforse the efficiency of the credit risk decision taken , in a cooperation with the agency (moody) for classification.