Sponsored Contribution

SEDCO capital launches a new investment strategy

Combining traditional Shariah finance principles with ethical investment SEDCO Capital, one of the largest asset managers in Saudi Arabia, has launched a new investment strategy called Prudent Ethical Investing (PEI) that integrates its Shariah...


Project Finance

Saudi domestic Sukuk supporting private sector projects

The positive reception and strong demand for the first three issuances from Saudi Arabia’s domestic Sukuk program have helped the Kingdom to pay off billions of riyal in outstanding private sector projects, creating a more stable environment for...


Asset Management

Retail asset management shows clear shift towards Islamic preference

Much attention is given towards institutional asset management in Saudi Arabia, but the Kingdom also has a thriving retail sector based around a highly competitive mutual funds industry. This month, IFN Saudi Arabia speaks to IMRAN IQBAL, the head...


Banking

Saudi Islamic banks expected to buck downwards trend

Despite expectations of declining profitability from Gulf Islamic banks in 2017-18, Saudi institutions are expected to buck the trend due to their focus on corporate lending and SME support. “We expect the slowdown at Islamic banks in the GCC...


Insurance

A wave of new products promotes innovation in the Islamic insurance sector

It has been a busy month for Saudi’s Islamic insurance industry, with a wave of new products emerging to provide new levels of coverage for Takaful clients. From retail to corporate, the Kingdom’s insurance firms are branching out to offer...


Equity Capital Markets

Health and education sectors expected to support market growth

It has been a stronger month for Saudi’s equity markets, after a soft performance over the summer. Tadawul climbed almost 3% in the first half of September, while oil prices are up 4.6% over the four weeks to the 18th September, to reach US$55.17...


Debt Capital Markets

Slow quarter could see boost from overseas entrants

It has been a slow month for Saudi’s debt capital market, as the excitement of August’s sophomore sovereign local currency issuance fades away and the private sector shows few signs yet of returning to fill the gap for new issuance. Even...


News Briefs

News Brief

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.


Cover Story

The REIT stuff: An explosion of assets

The REITs market in Saudi Arabia has taken off like a rocket over the past year, with five funds already listed on the stock market and an additional 30 more in the pipeline – making it one of the fastest-growing sectors in the industry. But what...