The global Sukuk market is expected to face several challenges this year, notably the imposition of the US tariffs. However, despite these headwinds, the market remains poised for growth, driven by persistent funding needs, strong investor demand, and the ongoing expansion of Sharia-compliant reforms. Emerging markets will continue to lead this growth, largely due to

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 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

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

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