When a sovereign issuer taps the same sukuk series twice and still sees strong demand, it tells you something about how the market prices confidence in that government’s credit. The UAE’s latest AED 1.1 billion Islamic Treasury Sukuk listing on Nasdaq Dubai does exactly that, quietly reinforcing the dirham yield curve at a time when … Read more
An oversubscription ratio of 4.7 times on a sovereign sukuk issuance tells you something specific about how the market views UAE credit risk right now. The April 2026 Islamic Treasury Sukuk auction pulled in AED 5.20 billion in bids against a total issuance of just AED 1.1 billion, and the pricing on the longer-dated tranche … Read more
A 13 percent jump in operating revenues paired with a virtually flat bottom line tells a specific story about where the largest Islamic bank in the UAE is directing its capital. Dubai Islamic Bank closed the first quarter of 2026 with AED 1.799 billion in net profit after tax, a figure that barely moved from … Read more
