Emerging Markets - Islamic Finance

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Latest Islamic Finance news

  • Malaysia shrugs off concerns with $1.5bn sukuk

    The Government of Malaysia flexed its muscles as one of Asia’s biggest Islamic bond issuers this week, brushing off noises over a political scandal and volatile oil prices to raise $1.5bn.

    • 21 Apr 2016
  • Malaysia, BoC Aviation seek bids for dollar offerings

    Bond investors woke up to a pair of investment grade Asian issuers on Wednesday with the government of Malaysia seeking bids for a dual-tranche wakala sukuk and BoC Aviation looking to close a conventional 10 year.

    • 20 Apr 2016
  • Malaysia kicks off roadshow for sukuk

    Sukuk investors are getting ready to welcome Malaysia's dollar offering, with the sovereign hiring four banks to organise a global roadshow.

    • 11 Apr 2016
  • ICD sukuk struggles to finish line as leads ‘support’ deal

    Islamic Corporation for Development (ICD) printed a $300m five year sukuk on Wednesday. But it drew heavy criticism for having priced at the wide end of guidance with a lower size than the benchmark originally targeted.

    • 07 Apr 2016
  • ME flips from ‘famine to feast’ but ABQ, ICD show price is crucial

    The dam holding back a flood of Middle East bonds was broken this week by Ahli Bank Qatar and Islamic Corporation for Development. But those two issuers demonstrated that, despite a renewed appetite for paper from the region, the price needs to be right to attract international interest.

    • 07 Apr 2016
  • ICD sukuk struggles over finish line

    The Islamic Corporation for Development printed its $300m five year sukuk on Wednesday but drew heavy criticism for having priced at the wide end of guidance with a lower size than the “benchmark” originally targeted, and for a lacklustre performance in the secondary markets on Thursday.

    • 07 Apr 2016
  • Banque Misr back for murabaha loan

    Egypt’s Banque Misr is finalising its second syndicated loan in over a decade, a murabaha deal for $200m.

    • 29 Mar 2016
  • Dubai Islamic Bank sukuk attracts strong support despite market volatility

    Dubai Islamic Bank emerged with the year’s first public deal from a Gulf Co-operation Council financial borrower on Tuesday morning.

    • 22 Mar 2016
  • Indonesia revels in record breaking $2.5bn sukuk

    The Republic of Indonesia’s savviness was on display this week when it broke several records with a red hot $2.5bn wakala. Not only was this the sovereign’s first dual-tranche appearance in the asset class, it was also its largest ever — achievements that were attained thanks to the country’s ability to listen to market feedback.

    • 22 Mar 2016
  • Islamic supra targets public dollar sukuk debut

    Islamic Corporation for the Development of the Private Sector (ICD) will start investor meetings this week ahead of a potential public bond market debut.

    • 21 Mar 2016

Islamic Finance news archive

Capital markets data from GlobalCapital

Go to GlobalCapital's Emerging Markets data pages for the latest information on priced deals, league tables and our proprietary database of Islamic Finance deals. 

Islamic Finance data

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2016
1 HSBC 14,332.20 71 10.96%
2 Citi 14,256.99 61 10.90%
3 JPMorgan 12,784.18 45 9.78%
4 Deutsche Bank 8,341.54 24 6.38%
5 Bank of America Merrill Lynch 7,599.48 32 5.81%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 JPMorgan 7,001.66 10 15.44%
2 HSBC 5,431.62 10 11.98%
3 Citi 5,039.39 9 11.11%
4 BBVA 4,995.02 7 11.01%
5 Santander 4,406.15 6 9.72%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 Citi 6,816.39 25 19.45%
2 JPMorgan 4,096.61 16 11.69%
3 Bank of America Merrill Lynch 2,654.29 7 7.57%
4 Barclays 2,538.43 11 7.24%
5 UniCredit 2,334.02 10 6.66%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2016
1 JPMorgan 194.46 49 10.82%
2 Goldman Sachs 161.74 36 9.00%
3 Morgan Stanley 136.96 43 7.62%
4 Bank of America Merrill Lynch 112.36 32 6.25%
5 Citi 92.61 34 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 SG Corporate & Investment Banking 1,494.37 6 16.14%
2 UniCredit 945.06 6 10.21%
3 Mitsubishi UFJ Financial Group 892.90 3 9.64%
4 ING 868.18 5 9.38%
5 Citi 817.33 5 8.83%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Apr 2016
1 AXIS Bank 1,029.54 33 15.14%
2 Trust Investment Advisors 716.42 40 10.54%
3 Standard Chartered Bank 708.61 8 10.42%
4 HDFC Bank 572.45 22 8.42%
5 HSBC 549.36 7 8.08%