The following represents an up to date chronological list of all Islamic Sukuk issues with LMC administered Sukuk at the top and this list does not include the Malaysian domestic Sukuk issues and the Al Salam Sukuk issues:

Last Updated 24 October 2007

Issuer 

Issue Date

Country

Arranger/Advisor

Issue Size (Source currency MM)

Issue Size (US$'MM equivalent)

Margin/ Tenor

Rating/ Listing

Remarks

Short Term Sukuk Centre (Corporate) *

Monthly

Kingdom of Bahrain

LMC

USD 261.25

261.25

1m LIBOR + Variable Spread / Monthly

-

-

Thani Investment Sukuk
(Corporate)
September 2007
United Arab Emirates
LMC / Emirates Islamic bank
USD 100
100
6m LIBOR + 2.25% / 5 Years
   
Berber Sukuk
(Corporate)
September 2007
Sudan
-
USD 130
130
9.5% / 7 Years
   
Lagoon City Sukuk (Corporate)
December 2006
Kuwait
LMC
USD 200
200
6m LIBOR + 2.25% / 5 Years
-
-
Bukhatir Investments Sukuk (Corporate)
May 2006
United Arab Emirates
LMC , EIB / Bukhatir Investments Limited
USD 50
50
6m LIBOR + 1.75% / 5 Years
-
-

Al Marfa'a Al Mali Sukuk (Corporate)

July 2005

Kingdom of Bahrain

LMC

USD 134

134

3m LIBOR + 2.50%/ 5 Years

-

-

Durrat Al Bahrain Sukuk (Corporate)

January 2005

Kingdom of Bahrain

LMC / KFH

USD 152.5

152.5

3m LIBOR + 1.25%/ 5 Years

-

-

The Commercial Real Estate Sukuk (Corporate)

May 2005

Kuwait

LMC, KFH, Markaz / The Commercial Real Estate Company

USD 100

100

6m LIBOR + 1.25%/ 5 Years

CI: A-

-

First Islamic Investment Bank (Corporate)

October 2004

Kingdom of Bahrain

LMC / FIIB

EURO 76

91.5

6m EURIBOR+1.25% /2 Years

-

Fully Redeemed

Emaar (Corporate)

July 2004

United Arab Emirates

LMC / EBI & Others

USD 65

65

6m LIBOR + 0.7% /  5 Years

-

-

Govt. of Bahrain – BMA (Issue#7)
May 2003
Kingdom of Bahrain
LMC / BMA
USD 250
250
6m LIBOR + 0.60%/
5 Years
S&P: A- /  Bahrain
-

* Backed by a pool of publicly offered Sukuk

Issuer 

Issue Date

Country

Arranger/
Advisor

Issue Size (Source currency MM)

Issue Size (US$'MM equivalent)

Margin/ Tenor

Rating/ Listing

Remarks

Diyaar Sukuk Company
May 2007
Kingdom of Bahrain
Kuwait Finance House BSC (c)
USD 200
200
LIBOR + 2.25
-
-
Al Dar Properties Sukuk (Corporate)
January 2007
United Arab of Emirates
Barclays Capital / Credit Suisse/National Bank of Abu Dhabi
USD 2,530
2,530
5.676% / 5 Years
-
-
DIB Sukuk Company
February 2007
United Arab of Emirates
Barclays Capital / Citigroup / Standard Chartered Bank
USD 750
750
3m LIBOR + 0.33% / 5 Years
-
-
CBB Short Term Sukuk 18
February 2007
Kingdom of Bahrain
Central Bank of Bahrain
USD 27
27
5.25% / 0.5 Years
-
-
Sharjah Electricity and Water Authority Sukuk
January 2007
United Arab of Emirates
Kuwait Finance House / ABC Islamic bank / Gulf International Bank
USD 350
350
9 Years
-
-
DAAR International Sukuk Company
January 2007
Kingdom of Saudi Arabia
ABC Islamic Bank / Arab National Bank / Standard Bank / Unicorn Investment Bank
USD 600
600
3m LIBOR + 0.2% / 3Years
-
-
CBB Short Term Sukuk 16
December 2006
Kingdom of Bahrain
Central Bank of Bahrain
USD 27
27
5.34% / 0.5 Years
-
-
ADIB Sukuk Company
December 2006
United Arab of Emirates
HSBC Amanah
USD 800
800
3m LIBOR + 0.4% / 5 Years
A2A
-
Nakheel Sukuk
November 2006
United Arab of Emirates
Dubai Islamic Bank / Barclays Capital
USD 3.520
3.520
LIBOR + 1.2% / Years
-
-

BMA Short Term Sukuk 15

November 2006

Kingdom of Bahrain

Central Bank of Bahrain

USD 27

27

5.35% / 0.5 Years

-

-

BMA Short Term Sukuk 14

October 2006

Kingdom of Bahrain

Central Bank of Bahrain

USD 27

27

5.37% / 0.5 Years

-

-

Sharjah Islamic Bank Sukuk (Corporate)

October 2006

United Arab of Emirates

HSBC Amanah / European Islamic Investment Bank / Kuwait Finance House / Mushreqbank

USD 225

225

LIBOR + 0.65% / 5 Years

S&P

-

First Sukuk Company BSC

September 2006

Kuwait

Boubyan Bank / Standard Bank / WestLB

USD 100

100

6m LIBOR + 2% / 5 Years

-

-

BMA Short Term Sukuk 13

September 2006

Kingdom of Bahrain

Central Bank of Bahrain

USD 27

27

5.36% / 0.5 Years

-

-

NICBM Sukuk (Corporate)

September 2006

Kuwait

Kuwait Finance House / Standard Bank / Gulf International Bank / Liquidity Management Centre

USD 100

100

LIBOR + 1% / 5 Years

-

-

Qatar Real Estate Investment Company Sukuk (Corporate)

August 2006

Qatar

Qatar National Bank / Gulf International Bank / Dubai Islamic Bank / Al Watani Al Islami / Qatar National Bank Al Islami / Standard Bank

USD 270

270

10 Years

-

-

SABIC Sukuk (corporate)

July 2006
Kingdom of Saudi Arabia
HSBC Saudi Arabia Limited
USD 800
800
SIBOR + 0.40 %
-
-

BMA Short Term Sukuk 11

July 2006

Kingdom of Bahrain

Central Bank of Bahrain

USD 27

27

5.57% / 0.5 Years

-

-

KSA MBS 1 International Sukuk (Corporate)

July 2006
Kingdom of Saudi Arabia
Unicorn Investment Bank / Standard Bank
USD 18
18
6.55 % / 14 Years
CI: A-
-

The Investment Dar Second Sukuk (Corporate)

June 2006

Kuwait

Unicorn Investment / WestLB

USD 150

150

LIBOR + 1.25% / 5 Years

RAM: A1

-

Aabar Sukuk (Corporate)

June 2006
United Arab of Emirates
Deutsche Bank / Abu Dhabi Commercial Bank
USD 460
460
6.894 / 4 Years
-
-

BMA Short Term Sukuk 10

June 2006

Kingdom of Bahrain

Central Bank of Bahrain

USD 26.5

26.5

5.69% / 0.5 Years

-

-

Tabreed 06 Financing Corporation Sukuk

June 2006
United Arab of Emirates
HSBC / Dresdner Bank AG / CIMB
USD 200
200
LIBOR +1.25 % / 7 Years
S&P: BBB-
-
BMA Short Term Sukuk 9
May 2006
Kingdom of Bahrain
Central Bank of Bahrain
USD 26.5
26.5
5.37% / 0.5 Years
-
-
BMA Short Term Sukuk 8
April 2006
Kingdom of Bahrain
BMA
USD 27
27
5.25% / 0.5 Years
-
-
BMA Short Term Sukuk 7
March 2006
Kingdom of Bahrain
BMA
USD 26
26
5.14% / 0.5 Years
-
-
BMA Short Term Sukuk 6
February 2006
Kingdom of Bahrain
BMA
USD 26
26
5.01%/ 0.5 Years
-
-
BMA Short Term Sukuk 5
January 2006
Kingdom of Bahrain
BMA
USD 26.5
26.5
4.80%/0.5 Years
-
-
WAPDA First sukuk Company Limited (Corporate)
January 2006
Pakistan

Citi Group / Muslim Commercial Bank / Jahangir Siddiqui and Company

USD 134
134
6m KIBOR + 0.35%/ 7 Years
-
-
PCFC Sukuk (Corporate)
January 2006
United Arab Emirates
Dubai Islamic Bank
USD 3,500
3,500
7.125-10.125%/ 2 Years
-
-

Sarawak Gateway Istinaa Sukuk (Corporate)

December 2005
Malaysia
-
USD 42
42
-
MARC: AAA
-
Sarawak Gateway Ijarah Sukuk (Corporate)
December 2005
Malaysia
-
USD 64
64
-
MARC: AAA
-
BMA Short Term Sukuk 4
November 2005
Kingdom of Bahrain
BMA
USD 26.5
26.5
4.58% / 0.5 Years
-
-
Govt. of Bahrain - BMA (Issue#12)
November 2005
Kingdom of Bahrain
BMA
USD 230
230
Fixed 5.6% / 6Years
S&P: A-
-
BMA Short Term Sukuk 3
October 2005
Kingdom of Bahrain
BMA
USD 26.5
26.5
4.40% / 0.5 Years
-
-

The Investment Dar Sukuk (Corporate)

October 2005

Kingdom of Bahrain

ABC (Islamic)

USD 100

100

6m LIBOR + 2.00%/
5 Years
-
-
Arcapita Multicurrency Sukuk (Corporate)
October 2005
Kingdom of Bahrain
HVB Group Standard Bank Plc WestLB AG
USD 210
210
3m LIBOR /EURIBR +1.75% / 5 Years
-
-
BMA Short Term Sukuk 2
September 2005
Kingdom of Bahrain
BMA
USD 26.5
26.5
4.18% / 0.5 Years
-
-

BMA Short Term Sukuk 1

August 2005

Kingdom of Bahrain

BMA

USD 26.5

26.5

4.06 / 0.5 Years

-

-

Sanctuary Building Sukuk (Corporate)
August 2005
United Kingdom
-
-
261

5.48%/ 9 Years

MARC:A+
-

Amlak Finance (Corporate)

July 2005

United Arab Emirates

HSBC / Emirates Islamic Bank

USD 200

200

6m LIBOR + 1.2% / 5 Years

-

-

Islamic Development Bank (Corporate)

June 2005

International

HSBC, Deutsche, DIB, CIMB Bhd

USD 500

500

6m LIBOR + 0.12% / 5 Years

S&P: AAA Fitch: AA / Luxembourg , Lubuan & Bahrain

-

Wings FZCO (Corporate)

June 2005

United Arab Emirates

  Dubai Islamic Bank, Julius Baer (Middle East), Standard Chartered (Middle East and South Asia, UBS, Gulf International Bank, National Bank of Abu Dhabi , HSBC Amanah

USD 550

550

6m LIBOR + 0.75%/
7 Years

Luxembourg

-

Gold Sukuk dmcc (Corporate)

May 2005

United Arab Emirates

  Dubai Islamic Bank / Standard Bank

USD 200

200

6m LIBOR + 0.6% / 5 Years

CI: A-

-

Al Safeena (Corporate)

April 2005

United Kingdom

Abu Dhabi Commercial Bank, ABCIB Islamic Asset Management, ABC Islamic Bank

USD 26

26

Fixed rate 6% /
5 Years

-

-

Govt. of Bahrain - BMA (Issue#11)

February 2005

Kingdom of Bahrain

BMA

USD 80

80

4.5% fixed /
5 Year

S&P: A /  Bahrain

-

Pakistan International Sukuk Co. Ltd.(Govt)

January 2005

Pakistan

CitiGroup, HSBC, National Bank of Pakistan, DIB, Arab Bank, ABC Islamic

USD 600

600

6m LIBOR + 2.2% /
5 Years

S&P: B+ Luxembourg

-

Sarawak Corporate Sukuk (Govt)

December 2004

Malaysia

UBS Investment Bank / Noriba Bank

USD 350

350

6m LIBOR + 1.1% / 5 Years

S&P: A- Moody: Baa3 /
Labuan

-

Dubai Global Sukuk FZCO
(Govt)

November 2004

United Arab Emirates

DIB, Standard Chartered, HSBC, GIB, KFH, Arab Bank

USD 1000

1000

6m LIBOR + 0.45%/ 5 Years

Govt. rating applicable

-

Govt. of Bahrain   - BMA (Issue#10)

July 2004

Kingdom of Bahrain

BMA

BD 40

106

5.125% fixed /
10 Years

S&P: A- / Bahrain

-

Govt. of Bahrain – BMA (Issue#9)

June 2004

Kingdom of Bahrain

Citi Group / BMA

USD 250

250

6m LIBOR + 0.45%/ 5 Years

S&P: A- / Bahrain , Luxembourg & Lubuan

-

Stichting Sachsen Anhalt Trust (Govt)
June 2004
Germany
Citigroup
USD 120
120
6m Euribor +1.00%/ 5 Years
S&P: AA- Fitch: AAA
-

Saxony-Anhalt State Properties (Govt)

June 2004

Germany

CitiGroup / KFH

EURO 100

120.4

6m EURIBOR +1.00%/  5 Years

S&P: AA/
Fitch: AAA

-

Caravan 1 Limited
(Corporate)

March 2004

United Kingdom

BSEC Investment Bank

SAR 102

27.3

6% fixed/ 3 Years

-

-

Tabreed (Corporate)

January 2004

United Arab Emirates

Credit Suisse First Boston / National Investor-UAE

USD 100

100

5.5 % fixed /
5 Years

- / Luxembourg

-

Govt. of Bahrain – BMA
(Issue#8)

December 2003

Kingdom of Bahrain

BMA

USD 50

50

6m LIBOR +0.30%/ 3 Years

S&P: A-  /
BSE

-

Government of Qatar (Govt)

September 2003

Qatar

QIIB / HSBC Amanah/ HSBC Bank M.East

USD 700

700

6m LIBOR + 0.4% /  7 Years

S&P: A+ / Lubuan & Luxembourg

-

Solidarity Trust Services Ltd (Corporate)
August 2003
Region wide
Citigroup Global Markets Ltd / Abu Dhabi Islamic Bank / Kuwait Finance House
USD 400
400
Fixed 3.625%
S&P: AAA Fitch: AA
-

IDB Trust Services (ISDB) (Corporate)

August 2003

International

CitiGroup

USD 500

500

6m LIBOR +0.12% /
5 Years

S&P: AAA Fitch: AA / Lubuan & Luxembourg

-

Arcapita Sukuk (Corporate)

June 2003

Kingdom of Bahrain

Securities House

USD 75

75

-

-

-

Govt. of Bahrain – BMA
(Issue#6)

April 2003

Kingdom of Bahrain

BMA

USD 100

100

3.75% fixed /
5 Years

S&P: A- /  Bahrain

-

Bahrain Monetary Agency

May 2003

Kingdom of Bahrain

LMC / Central Bank of Bahrain

USD 250

250

6m LIBOR + 0.60% / 5 Years

S&P: A-

-

Govt. of Bahrain – BMA
( Issue#5)

February 2003

Kingdom of Bahrain

BMA

USD 80

80

3.00% fixed /
3 Years

S&P: A- /  Bahrain

Fully Redeemed

Govt. of Bahrain – BMA (Issue#4)

November 2002

Kingdom of Bahrain

BMA

USD 50

50

3.00% fixed /
3 Years

S&P: A- /  Bahrain

Fully Redeemed

Govt. of Bahrain – BMA (Issue#3)

August 2002

Kingdom of Bahrain

BMA

USD 80

80

4.00% fixed /
5 Years

S&P: A- /  Bahrain

-

Malaysia Global Sukuk (Govt)

July 2002

Malaysia

HSBC

USD 600

600

6m LIBOR + 0.95%/ 5 Years

 S&P: A- / Bahrain & Lubuan

-

Govt. of Bahrain – BMA
( Issue#2)

February 2002

Kingdom of Bahrain

BMA

USD 70

70

4.25% fixed /
3 Years

-

Fully Redeemed

First Global Sukuk Inc (Govt)

December 2001

Malaysia

Bank Islam / Aseambankers Malaysia Berhad

USD 150

150

6m LIBOR + 1.5-2.0% /
3-5 Years

-

-

Govt. of Bahrain – BMA
( Issue#1)

September 2001

Kingdom of Bahrain

BMA

USD 100

100

5.25% fixed /
5 Years

-

-

Total Number of Sukuk

79

Total Sukuk Amount

USD 24,685.70

 

 

 



BACK TO TOP OF PAGE

Sukuk Market
Global Sukuk Table
 
  Copyright 2008
Liquidity Management Centre B.S.C (c)
All Rights Reserved |
Terms of Use