Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
07-02-22
Saudi sukuk issuance register 37 percent surge during last year
(MENAFN) According to S&P Global Ratings, Saudi Arabia’s sukuk issuances surged by 37 percent throughout last year, bringing it up to a total of USD36.9 billion, increasing from USD27 billion the year ago.
The surge is accredited to the international issuance of foreign-currency denominated sukuk, which has climbed by 10 percent last year, with big issuances in the country, such as that by oil giant Saudi Aramco, playing a role in the increase.
On a larger scale, international sukuk issuance has dropped a tad to reach USD147.4 billion in 2021, in comparison to USD148.4 billion in the preceding year.
In an initial report, the credit rating agency predicted the volume of sukuk disbursement in this year to remain around USD145-150 billion without major increase, over lower and more expensive international and local liquidity, raised complexity and lower funding needs for some major Islamic finance nations.
MENAFN07022022000045013568ID1103650979
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us