Global IF News

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S&P: Global Sukuk Issuance Set to Reach USD155 Billion in 2021
Global sukuk issuance is set to increase to as much as USD155 billion in 2021, or 11 percent, more than USD139.8 billion last year, driven by low-interest rates and abundant liquidity, according to S&P Global Ratings.
07 Jul 2021
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Can Sukuk match the growth trajectory of green bonds?
As the socially responsible investment movement in fixed income began to take off a decade ago, a great deal of ink was spilled on the similarity of green bonds and Sukuk. Both products are explicitly ethical and appeal to investors' social consciences over and above their desire for financial returns. The thesis at the time was that an ever-increasing number of investors would seek out these types of ethical investments, leading to a steep upward trajectory in demand for both green bonds and Sukuk.
10 Jun 2021
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Sudanese bank launches first green sukuk for renewable energy
A Sudanese bank on Monday launched an investment fund offering what it said was the country’s first green sukuk -- or bonds compliant with Islamic banking principles -- aimed at financing renewable energy for commercial use.
01 Jun 2021
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