Capital Markets (Sukuk)

Capital Markets (Sukuk)

Sukuk is an important area we have excellent experience in. Our team members collectively have worked on over 100 Sukuk MTN programs and issuances while working for HSBC Amanah, Citigroup, NCB, Noor Bank, CIMB Islamic, and International Islamic Liquidity Management Corporation. The Sukuk team has delivered innovative and industry progress enabling solutions to the clients. Our team also helped the development of Sukuk legal framework  for Turkey and Kazakhstan.

Our CEO Taha Lahbabi completed a 6 months assignment in International Islamic Liquidity Management Corporation to prepare its USD 4 billion Sukuk multiple issuance program. During the assignment, he was instrumental in originating the Sukuk assets for the IILM as its Head of Origination & Structuring of Sukuk. He headed the USD 3 billion ABCP Sukuk Project for IILM. At IILM, he established the first-ever comprehensive Sukuk structuring, origination policy, and guidelines to Issue Sukuk up to USD 4 billion.

We can help our clients with the following:

  • Structuring Sukuk in different formats such as asset based Sukuk, asset backed, and hybrid Sukuk structures. 

  • Sukuk documentation review for Shariah compliance.

  • Shariah Certification of Sukuk MTN programs and single issuance.

  • Advice on Sukuk distribution to appropriate investors.

  • Setting up Sukuk legal frameworks for governments and regulators.

  • Preparing Sukuk policies, strategies, and execution guidelines.

  • Post Sukuk issuance Shariah compliance and Shariah review (audit)

  • Sukuk and capital markets training.

© 2013 by Credit Solutions Financial Consultancy Services (CSF Tayyib)