Corporate Case Study

The Islamic dollar is big business – but how can Halal firms make sure that their financing is as ethical as their output? IFN Halal Finance is a comprehensive resource providing Halal firms with the information they need on the Islamic financial markets and the choices therein.
IFN Halal Finance provides a direct channel of communication to corporates worldwide. From January 2020 IFN Halal Finance takes over from IFN Corporate

Case Study

Malaysian utility demonstrates depth of Islamic debt market

In a deft demonstration of the strength and depth of Islamic capital financing, Malaysian utility firm Pengurusan Aset Air (PAAB) in June issued a further RM2.1 billion (US$522.9 million)-worth of Shariah compliant papers as a...

Perpetual Sukuk: An increasingly popular choice for capital financing

In May 2018, Malaysian corporate Yinson Holdings made history with the first-ever perpetual Sukuk facility based on the concept of joint enterprise (Mudarabah) in a successful and fully subscribed issuance that shone a spotlight on...

Malaysian corporate pushes the boundary of Shariah securitization capabilities

A Malaysian property developer has broken new ground in the Sukuk space through the use of a pioneering new technique that monetizes real estate progress billings to back the issuance – a global first, and...

Islamic structures support Malaysian infrastructure spending

On the 16th March 2018 Malaysian engineering, property and infrastructure company Gamuda, one of the country’s largest infrastructure providers, tapped the Islamic debt capital market during a time of tough competition to achieve an impressive...

Perpetual program on the cards for Malaysian corporate

UMW Holdings, one of Malaysia’s leading industrial enterprises, in March announced plans for a RM2 billion (US$511.6 million) perpetual Sukuk program, designed to improve its borrowing structure by enabling it to access longer-term funding from...

Giant step forward for Omani corporate

Oman’s Golden Group, a privately-owned conglomerate with interests across multiple industries, has made history with the issuance of the first tranche of the country’s largest ever corporate Sukuk program. The OMR200 million (US$520.4 million) program...

All that glitters: Malabar secures inaugural Islamic bullion financing

In December 2016 the World Gold Council and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) launched a new Shariah standard on gold trading which over the past year has unleashed a flood...

Pakistani oil giant issues short-term Islamic paper

In January 2018 oil marketing firm Hascol Petroleum became the first corporate in Pakistan to issue Islamic commercial paper (ICP), with a PKR1.5 billion (US$13.5 million) short-term facility that blazed a new trail for private...

Malaysian medical firm utilizes credit guarantee to tap capital market

In October the medical arm of Malaysian conglomerate TRIplc (TMSB) tapped the debt capital market with a straightforward Sukuk issuance that leveraged the support of the country’s bond guarantor Danajamin to obtain the best possible...

Mazoon Electricity debuts Sukuk to strong investor demand

Oman’s state-owned electricity company successfully priced its debut Sukuk on the 1st November, coming in at the tight end of the price guidance and seeing orders top US$5 billion. The impressive pricing demonstrated just how...