Emas bond

Global Sukuk Market Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025: Focus on Murabahah, Salam, Istisna, Ijarah, Musharakah, Mudarabah, & Hybrid Sukuk - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 15, 2020

The "Sukuk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sukuk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • Islamic law prohibits the lending of money with interest payments, thereby forbidding the use of conventional bonds for financial transactions.
  • Looking forward, the report expects the global sukuk market to continue its moderate growth during the next five years.
  • Key Questions Answered in This Report:
    How has the global sukuk market performed so far and how will it perform in the coming years?

Country Garden Raises MYR495 Million Sukuk to Confirm Positive Outlooks

Retrieved on: 
Wednesday, May 20, 2020

JOHOR BAHRU, Malaysia, May 20, 2020 (GLOBE NEWSWIRE) -- In March 2020, Country Garden Real Estate (CGRE) successfully issued three tranches of Islamic Sukuk for a total of MYR495 million, with the longest tenure among them being seven years.

Key Points: 
  • JOHOR BAHRU, Malaysia, May 20, 2020 (GLOBE NEWSWIRE) -- In March 2020, Country Garden Real Estate (CGRE) successfully issued three tranches of Islamic Sukuk for a total of MYR495 million, with the longest tenure among them being seven years.
  • Sukuks are Islamic financial certificates (similar to a bond), that complies with Islamic religious law commonly known as Syariah.
  • Sukuks had become extremely popular since 2000 when the first Sukuk was issued by Malaysia.
  • CGREs IMTN Programme was set up in 2015, which was first ever Ringgit Sukuk issued by a China-related corporate entity.