The truthful, trustworthy merchant will be with the Prophets, the truthful, and the martyrs. — Tirmidhi 1209

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  • SN — Senegal FDI collapses 90% to $337M, clouding planned $500M international sukuk — Financial Afrik
  • TG — Togo closes 10-year sovereign sukuk, completing UEMOA's first Islamic bond cycle — Financial Afrik
  • MY — Bank Rakyat launches Android payment soundbox for Malaysian MSMEs with Paysys — Fintech News Malaysia
  • CI — COFINA deploys AI to sharpen SME credit decisions across 8 African markets — Financial Afrik
  • LY — Libya launches first private-sector sukuk package in Benghazi, topping 1 billion Libyan dinars — Libya Herald
  • MY — Penang Sessions Court hears state's first halal logo misrepresentation prosecutions; two firms fined — The Star
  • SN — BCEAO's PI-SPI instant payment platform crosses 30 million users across UEMOA — Financial Afrik
  • GA — OIF's 'Francophonie avec Elles' Fund triples incomes for 250 women in Gabon via €288k in grants — Financial Afrik
  • SN — BCEAO 2025: zero inflation, bank capital doubled to 20B FCFA, 90% inclusion target set — Financial Afrik
  • MY — Lagenda Capital files RM1.5B Sukuk Wakalah with SC Malaysia for affordable housing — Halal Times
SNSenegal FDI collapses 90% to $337M, clouding planned $500M international sukukAnnouncedFinancial AfrikTGTogo closes 10-year sovereign sukuk, completing UEMOA's first Islamic bond cycleAnnouncedFinancial AfrikMYBank Rakyat launches Android payment soundbox for Malaysian MSMEs with PaysysAnnouncedFintech News MalaysiaCICOFINA deploys AI to sharpen SME credit decisions across 8 African marketsAnnouncedFinancial AfrikLYLibya launches first private-sector sukuk package in Benghazi, topping 1 billion Libyan dinarsAnnouncedLibya HeraldMYPenang Sessions Court hears state's first halal logo misrepresentation prosecutions; two firms finedAnnouncedThe StarSNBCEAO's PI-SPI instant payment platform crosses 30 million users across UEMOAAnnouncedFinancial AfrikGAOIF's 'Francophonie avec Elles' Fund triples incomes for 250 women in Gabon via €288k in grantsAnnouncedFinancial AfrikSNBCEAO 2025: zero inflation, bank capital doubled to 20B FCFA, 90% inclusion target setAnnouncedFinancial AfrikMYLagenda Capital files RM1.5B Sukuk Wakalah with SC Malaysia for affordable housingAnnouncedHalal TimesSNSenegal FDI collapses 90% to $337M, clouding planned $500M international sukukAnnouncedFinancial AfrikTGTogo closes 10-year sovereign sukuk, completing UEMOA's first Islamic bond cycleAnnouncedFinancial AfrikMYBank Rakyat launches Android payment soundbox for Malaysian MSMEs with PaysysAnnouncedFintech News MalaysiaCICOFINA deploys AI to sharpen SME credit decisions across 8 African marketsAnnouncedFinancial AfrikLYLibya launches first private-sector sukuk package in Benghazi, topping 1 billion Libyan dinarsAnnouncedLibya HeraldMYPenang Sessions Court hears state's first halal logo misrepresentation prosecutions; two firms finedAnnouncedThe StarSNBCEAO's PI-SPI instant payment platform crosses 30 million users across UEMOAAnnouncedFinancial AfrikGAOIF's 'Francophonie avec Elles' Fund triples incomes for 250 women in Gabon via €288k in grantsAnnouncedFinancial AfrikSNBCEAO 2025: zero inflation, bank capital doubled to 20B FCFA, 90% inclusion target setAnnouncedFinancial AfrikMYLagenda Capital files RM1.5B Sukuk Wakalah with SC Malaysia for affordable housingAnnouncedHalal Times
Islamic Finance

Pakistan Locks In Three-Year International Debt Mandates — Sukuk Included

Pakistan appointed bank consortiums for three-year eurobond, sukuk, and dollar-settled rupee bond mandates. What the instrument mix signals about the country's financial posture.

Jul 31, 2026brief
Modern financial district skyline representing sovereign Islamic capital markets

Saudi Arabia's NDMC Swaps SR17.1 Billion in Sukuk to Extend Its Debt Horizon

Skyline of Dakar, Senegal, viewed from Gorée IslandIslamic Finance

Senegal's Investor Confidence Crisis Puts Its $500M Sukuk Plans at Risk

A 90% FDI collapse and debt at 128.6% of GDP are testing whether Senegal can follow Benin into international Islamic bond markets in 2026.

Figure of the week$264.8B

Up from $234.9B in 2024; outstanding market crossed $1 trillion for the first time

Trade Finance Global
Market TrackerLast updated: Jul 30, 2026
  • Jul 30DealSN
    Senegal FDI collapses 90% to $337M, clouding planned $500M international sukukAnnounced
    Financial Afrik
  • Jul 30DealTG
    Togo closes 10-year sovereign sukuk, completing UEMOA's first Islamic bond cycleAnnounced
    Financial Afrik
  • Jul 29LaunchMY
    Maybank MAE Scan & Pay Launches Natively in Samsung Wallet Across 5 ASEAN CountriesAnnounced
    The Star
  • Jul 28LaunchMY
    Bank Rakyat launches Android payment soundbox for Malaysian MSMEs with PaysysAnnounced
    Fintech News Malaysia
  • Jul 28DealCI
    COFINA deploys AI to sharpen SME credit decisions across 8 African marketsAnnounced
    Financial Afrik

Market Tracker →·Get this data every week — with the analysis.

Modern financial district skyline representing global Islamic capital marketsIslamic Finance

Global Sukuk Outstanding Hits $1 Trillion for the First Time as Islamic Finance Reaches $5 Trillion

Skyline of an African city with modern skyscrapers under an overcast skyIslamic Finance

Togo's 10-Year Sovereign Sukuk Reaches Its Final Payment — A Milestone for UEMOA

Kuala Lumpur skyline at night with the Petronas Twin Towers illuminated, representing Malaysia's capital marketsIslamic Finance

Maybank and ADB's CGIF Formalize Sukuk in ASEAN+3 Digital Infrastructure Push

Digital banking interface displaying mobile financial data on a modern deviceIslamic Finance

Maybank Becomes First Malaysian Bank to Enable QR Payments via Samsung Wallet

Latest

  • Jul 29

    Moya Indonesia Raises IDR 2 Trillion in Sukuk Wakalah to Fund Water Infrastructure

  • Jul 28

    An Islamic Bank's Bet on the Soundbox: Bank Rakyat Targets Malaysia's MSME Payment Gap

  • Jul 28

    Beximco's Green Sukuk Was Sold as Asset-Backed. The Land Was Never Mortgaged.

  • Jul 28

    COFINA's AI Bet: Discernement, Not Automation, in Africa's Missing Middle

  • Jul 28

    Uzbekistan Publishes Its Islamic Banking Rules. Now Banks Must Choose Their Path.

  • Jul 27

    Libya's First Private-Sector Sukuk: What the Benghazi Initiative Actually Signals

  • Jul 27

    Halal Logo Fraud in Court: What Penang's First Prosecutions Signal for Malaysia's Enforcement Shift

  • Jul 27

    Indonesia and South Korea Build Digital Halal Supply Chain Infrastructure via SMART HACCP

Analysis

  1. Modanisa Built the Amazon of Modest Fashion — Can It Stay on Top?

  2. Muslim Pro Has 190 Million Downloads — Now It Wants to Be a Bank

  3. Saffron Road Proved Halal Can Go Mainstream — Now Comes the Hard Part

  4. Top 10 Halal F&B Brands Scaling Globally in 2026

  5. Top 10 Islamic Fintechs to Watch in 2026

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