QInvest Pioneers Sustainability-Linked Facility

QInvest Pioneers Sustainability-Linked Facility

QInvest LLC, a leading Qatari investment firm, has made a groundbreaking move in the financial sector by securing a US$275 million Sustainability Linked Facility (SLF). This facility represents the first transaction of its nature and reflects a significant step forward in the evolution of sustainable Islamic finance. The facility garnered strong investor interest, leading to
Bank Islam issues Seventh Tranche of Sukuk Murabahah

Bank Islam issues Seventh Tranche of Sukuk Murabahah

Bank Islam Malaysia Berhad (Bank Islam) successfully issued the seventh tranche of RM250 million (approx. $53 million) under its RM10 billion (approx. $2.1 billion) Sukuk Murabahah Programme. This issuance is particularly significant as it qualifies as Tier 2 regulatory capital, aligning with Bank Negara Malaysia’s Capital Adequacy Framework for Islamic Banks. By strengthening its capital
BUMA’s Sukuk Issuance and Its Implications for Indonesia’s Islamic Finance Market

BUMA’s Sukuk Issuance and Its Implications for Indonesia’s Islamic Finance Market

PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of BUMA International Group, has completed its inaugural Sukuk Ijarah I BUMA 2025 issuance, raising Rp2 trillion (approx. $125 million). This issuance, which stands as the largest A+ Sharia-rated corporate Sukuk Ijarah in Indonesia in a single transaction, showcases the growing appetite for Sharia-compliant investments in the
Nigeria's Series VII Sovereign Sukuk and Its Economic Impact

Nigeria’s Series VII Sovereign Sukuk and Its Economic Impact

The Nigerian Debt Management Office (DMO) has announced its plans to issue the Series VII Sovereign Sukuk, targeting a capital raise of N300 billion (approx. $650 million). This initiative marks a continued commitment to infrastructure development through Shariah-compliant financing, reinforcing Nigeria’s strategic use of Sukuk for economic transformation. The Growth of Sovereign Sukuk in Nigeria
Impact of tariff policies on steel Under Trump’s second term

Impact of tariff policies on steel Under Trump’s second term

The re-election of Donald Trump has brought renewed focus to the US steel industry, particularly regarding the potential impact of expanded tariffs. His administration’s proposed policies, including a significant 60% tariff on steel imports from China and increased scrutiny on trade with Canada and Mexico, are poised to reshape the industry in ways reminiscent of

Steel Market update 2024

As of late 2024, the steel market is seeing mixed signals across different regions, primarily influenced by shifts in demand, supply chain issues, and geopolitical tensions. Here are some key points: In the United States, demand remains steady but has cooled compared to the post-pandemic surge, with the automotive and construction sectors facing softer demand.

Middle East Cement Market Analysis: Navigating Construction Growth, Supply Challenges, and Market Opportunities

The Middle East is renowned for its dynamic construction sector, reflecting a combination of population growth, urbanisation, and extensive infrastructure development. Central to this construction boom is the cement market, a critical element in the region’s ongoing economic transformation. In our latest market analysis, we analyse the Middle East market in-depth dissecting the intricacies of
Embracing Green Packaging A Constant Commitment to Sustainability

Embracing Green Packaging: A Constant Commitment to Sustainability

In a world where environmental consciousness is increasingly taking centre stage, businesses are recognising the need to shift their practices towards a more sustainable future. One of the crucial areas where this transformation is occurring is in packaging. Green packaging, or sustainable packaging, has become a constant commitment for companies aiming to reduce their environmental
Revolutionising Steel Industry The Unprecedented Role of Artificial Intelligence

Revolutionising Steel Industry: The Unprecedented Role of Artificial Intelligence

At its core, the marriage of Artificial Intelligence (AI) and steel production represents a symbiotic relationship where each entity enhances the other’s capabilities. AI technologies, particularly machine learning and predictive analytics, are providing steel manufacturers with the tools to optimize processes, predict maintenance needs, and even anticipate market demand with unprecedented accuracy. One of the
The steel industry faces serious challenges after Covid-19

The steel industry faces serious challenges after Covid-19

The COVID-19 pandemic had a significant impact on the steel market, affecting the entire supply chain from raw material production to finished goods. However, as the world begins to recover from the pandemic, the steel market is expected to bounce back and grow steadily. The pandemic caused a drop in steel demand as industrial production
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