13.10.2020
Bedford Row Capital (BRC), a global non-bank structuring specialist, has launched an 18-month inflation-linked sukuk. The notes will be EUR, CHF, USD and GBP, denominated Insured Money Market Certificates (IMMCTM) and will be open to investment from 14 October 2020.
13.10.2020
“Investors are becoming more concerned about inflation with the amount of liquidity which has been pumped into the financial system. Our inflation-linked sukuk is a new way of looking at short-term inflation and will give investors looking for Sharia-compliant investments vital assurance and benchmark-beating returns in an unpredictable market.”
14.10.2020
The Sukuk facility is issued by Al Waseelah, an islamic issuance platform that provides a streamlined and cost-effective way of funding global trade. Eligible counterparties are the beneficiaries of funding from Al Waseelah, and proceeds from the Sukuk will be used to finance the shipment of grain, cocoa, and other agricultural products.
IMMCTM-17 Series: Al Waseelah PLC announces first 360-day Sukuk issue
27.05.2021
Al Waseelah PLC, the award-winning Shariah compliant issuance platform, has announced that its short-dated
Sukuk issue, the IMMCTM-17 Series (Waseelah Plc IMMCTM-17 EUR 360-Day Certificates, due 6th May 2022,
ISIN - GB00BMV7JM88), has been fully subscribed.
UK firm targets SME sukuk origination in Islamic countries
24.06.2021
Bedford Row Capital (BRC), a London-based fixed income structuring specialist, is eyeing sukuk origination opportunities for small and medium-sized enterprises in Islamic countries following the launch of its short-term Sukuk product for liquidity management.
Al Waseelah IMMC™ is an award-winning provider of Shariah compliant multicurrency Islamic liquidity management products starting from 30 days rolling; circumventing the decision between credit and duration risk investors traditionally must take.
CREST Participant ID: BO01
CREST Member ID: 1
Euroclear ID: 78009
This document and its content are prepared by Al Waseelah PLC. The information presented here does not constitute investment advice or a recommendation and is not an invitation to invest. Nothing in this document is intended to nor will create any binding obligation on anyone. Applications should only be made on the basis of the Pricing Supplement and Listing Particulars which are available from authorised distributors. Prospective investors should be capable of evaluating the risks and merits associated with this investment and have sufficient resources to bear any losses. No representation or warranty, express or implied, is made by Al Waseelah PLC or any of its associates, affiliates or subsidiary companies or any of their respective directors, officers, employees, advisers, representatives or agents or any other person or entity as to the fairness, adequacy, accuracy or completeness of the information or opinions contained in this document or any written or oral information made available to any interested party, and no liability whatsoever is accepted by any such person in relation to any such information or opinion
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