Wednesday 08, May 2013 by Robin Amlôt

First Saudi Sukuk issuance in Malaysia by Al Bayan Group

Al Bayan Group Holding Company, a Saudi-based conglomerate, recently issued a MYR 200 million Sukuk out of its inaugural MYR 1.0 billion Sukuk Wakalah Programme – the first Malaysian Ringgit Sukuk Programme to be  established by a Saudi corporate issuer and the first issuance by a Saudi corporate issuer of Malaysian Ringgit denominated Sukuk in the Malaysian debt capital market to date.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more