Sukuk

The Senate on Wednesday approved President Bola Tinubu's request to obtain $2.847 billion in fresh foreign loans, including a $500 million debut Sovereign Sukuk, to finance part of the 2025 budget deficit and refinance Nigeria’s maturing…
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The Debt Management Office (DMO) says its Sukuk bond offerings are designed to improve roads infrastructure, develop the financial market and also promote financial inclusion. The Director-General of the DMO, Patience Oniha said this while…
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“Just like individuals are advised to diversify their investment portfolios, it is also advisable for the Federal Government to diversify its source of funding. “Although, the risk in local borrowing is less, but the interest is higher,’’…
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The Federal Government has been advised to formulate policy and introduce programmes that will leverage revenue of Sukuk and ensure self-funding projects to free government resources for other purposes. Participants of a Five Day…
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The International Centre for Islamic Culture and Education (ICICE), Abuja, will conduct an International Workshop in Dubai, United Arab Emirates, on the fundamental principles of Sukuk Structuring (including Islamic Treasury Bills) and…
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