DUBAI/WAM Emirates Islamic has successfully issued a US$750 million Senior Unsecured Sukuk on 18th March 2025. The Sukuk attracted a very strong order book in excess of $1.6 billion, resulting in a 2.1 times oversubscription rate. The strong investor demand allowed the Bank to tighten the spread by 30 basis points from initial price thoughts to 95 basis points over …

ABU DHABI/WAM H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, accompanied by H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, visited the tomb of the late Sheikh Zayed bin Sultan Al Nahyan at the Sheikh Zayed Grand Mosque in Abu Dhabi. Their Highnesses recited Al-Fatiha for the soul of …

ABU DHABI/WAM As part of its ongoing commitment to fostering dialogue on topics relevant to the people of the UAE, Majlis Mohamed bin Zayed hosted its third Ramadan session titled ‘Coexistence in Islamic Thought’. The session was attended by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, alongside senior officials, scholars, and academics. …