Africa Finance Corporation issues US0 million maiden Sukuk: Africa Finance Corporation (AFC) (www.AfricaFC.org), a leading pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated Sukuk issuance from an African institution. Following high levels of investor interest, the initial target of US$ 100 … [Read more...] about Africa Finance Corporation issues US$150 million maiden Sukuk
Sukuk
The BRVM becomes the 1st Stock Market for Islamic Finance in Africa with Five Sukuk Listings amounting to 766 Billion FCFA (1.3 Billion USD)
The BRVM becomes the 1st Stock Market for Islamic Finance in Africa with Five Sukuk Listings amounting to 766 Billion FCFA (1.3 Billion USD): The first listing reflects the commitment of the BRVM (www.BRVM.org/) for the development of Islamic finance in the Regional Financial Market WAEMU. It will enhance the attractiveness and liquidity of its Islamic bonds, particularly for … [Read more...] about The BRVM becomes the 1st Stock Market for Islamic Finance in Africa with Five Sukuk Listings amounting to 766 Billion FCFA (1.3 Billion USD)
Jordan closes its Inaugural Sovereign Local Currency Sukuk in Cooperation with Islamic Corporation for the Development of the Private Sector (ICD) and Japan International Cooperation Agency (JICA)
Jordan closes its Inaugural Sovereign Local Currency Sukuk in Cooperation with Islamic Corporation for the Development of the Private Sector (ICD) and Japan International Cooperation Agency (JICA): On the 17th of October 2016 the Hashemite Kingdom of Jordan (“Kingdom”), closed its inaugural local currency Sukuk. The debut sovereign issuance was more than three-times … [Read more...] about Jordan closes its Inaugural Sovereign Local Currency Sukuk in Cooperation with Islamic Corporation for the Development of the Private Sector (ICD) and Japan International Cooperation Agency (JICA)