Issuance of Sukuk: Finance clarifies position ISLAMABAD: Finance Ministry on Sunday clarified that Sukuk were Shariah compliant borrowing instruments backed by... Updated 25 Jan, 2021 10:04am
Editorials Freeing capital flows EDITORIAL: One important element behind attracting investment is the ease with which capital enters and exits a... Published 22 Jan, 2021 04:47am
Markets Saudi's NCB tightens guidance for Tier 1 sukuk, orders top $4.8bn NCB is seeking to raise $1 billion through the perpetual Islamic bonds, two financial sources said. It has received over $4.8 billion in orders for the sukuk. Published 20 Jan, 2021 07:09pm
Business & Finance Cabinet decides to waive off taxes on bonds During a federal cabinet held under the chairmanship of Prime Minister Imran Khan it was decided to waive a number of taxes on these bonds under the Income Tax Ordinance 2001 Schedule. Published 20 Jan, 2021 01:55pm
Business & Finance Dubai Islamic Bank sells $1 billion in perpetual sukuk Overall debt issuance from the Gulf so far this year has already surpassed last year's total, again topping $100 billion. DIB began marketing the notes at around 5.25% earlier on Thursday and received over $5.5 billion in orders for the debt sale. Published 12 Nov, 2020 06:31pm