Cover Story

New initiatives support surge of SME activity in Saudi market

SMEs have been historically underserved and ignored by institutions in Saudi Arabia – but all that is about to change. On the 26th February stock trading began in the SME-focused Nomu parallel market – launched as part of a major push by Saudi...


Debt Capital Markets

Saudi Aramco leads the way as market prepares for sovereign debut

Four banks have been mandated to arrange the inaugural issuance of national oil company Saudi Aramco, with an expected Sukuk size of SAR6 billion (US$1.6 billion) expected to hit the market this quarter and up to US$10 billion in debt issuance...


Equity Capital Markets

International interest builds as Tadawul comes under new leadership

Saudi Arabia has pledged international market integration to drive forward its ambition of becoming a capital market hub for the Middle East region. With the appointment of experienced investment manager Sarah Al Suhaimi as the new chairman of...


Takaful

Insurance in Saudi starts to make headway after a positive 2016

Saudi Arabia’s insurance companies are finally making profits thanks to regulatory interventions, ending a protracted period of losses for many of the 34 cooperative operators caught in a fiercely competitive market where the value of insurance...


Islamic Retail

Tech investment builds momentum in Saudi Arabia’s banking sector

Saudi’s Islamic banks are relying on digital transformation and technology investment to gain competitive advantage in an increasingly sophisticated market. The biggest financial technology spender in the Middle East, Saudi Arabia is fast...


Advertorial

ETHOS Asset Facilitation PlatformTM

The DDCAP Group’s FinTech solution to Shariah compliant transactions across treasury, wholesale and retail banking, capital markets and asset management DDCAP Group (“DDCAP”) is a leading Islamic Financial sector intermediary firm and we...


Asset Management

REITs rev up property market as real estate sector undergoes seismic shift

Saudi REITs are soaring up the stock exchange since their launch last year, demonstrating the strength and investor appeal of the Kingdom’s property market. On the 1st March 2017 the Shariah compliant Riyad REIT was up 4.56%, while the AlJazira...


Interview

Interview with Nasser Al-Hamdan

Managing partner of Herbert Smith Freehills’s Riyadh office and global head of Islamic finance What implications does the Vision 2030 have for the Islamic finance industry within Saudi Arabia? I think it will have a big impact. Islamic...


Project Finance

Aramco activities in Southeast Asia offer opportunities for Islamic finance

Saudi Aramco has invested billions this year into Asian assets in order to bulk up its portfolio before the upcoming IPO. With massive deals in both Malaysia and Indonesia, the move represents a collaboration between three of the world’s biggest...


News Briefs

News Briefs

A summary of all the latest Islamic finance news in the Kingdom and from around the world with a direct impact on the Saudi Arabia market.