In Asia: Sri Lanka is reportedly seeking to sell up to US$1 billion in Sukuk as part of its plan to raise up to US$3.5 billion from foreign sources while Indonesia targets to raise IDR4 trillion (US$292.8 million) from its Shariah securities auction next week.

In the Middle East: The Central Bank of Jordan has facilitated the auction of a JOD75 million (US$105.68 million) government-backed Sukuk facility on behalf of the National Electric Power Company; the Central Bank of Bahrain’s Sukuk Salam securities worth BHD43 million (US$113.23 million) has been fully subscribed while the government of Kuwait has reportedly sold KWD600 million (US$1.98 billion)-worth of bonds and Islamic Tawarruq since the start of its fiscal year on the 1st April.

In Africa: The Nigerian Debt Management Office is set to publish a timeline for the issuance of its maiden sovereign Sukuk by the third quarter of this year, according to Today.ng.