Emerging Markets - Islamic Finance

ifis
linkedin ifis

Latest Islamic Finance news

  • Omantel to withdraw $130m sukuk

    Oman Telecoms (Omantel) is withdrawing a $130m dual currency sukuk it issued on January 27, two sources have told GlobalCapital.

    • 09 Feb 2016
  • Lead orders and yield ensure Turkish sukuk survives dark day

    Kuveyt Turk, an Islamic Turkish bank, survived a rough market on Monday to print $350m of Basel III compliant tier two sukuk. Even leads were surprised by how well the deal went, although their own orders and the high yield offered helped.

    • 09 Feb 2016
  • Oman prepares for capital markets lift-off

    The head of Oman’s central bank has called for his country's borrowers to embrace capital market funding, with the sovereign widely expected to lead the charge itself with a large bond or sukuk.

    • 04 Feb 2016
  • Indonesia mandates five for sukuk in Q1

    The Republic of Indonesia has chosen five banks to work on a dollar sukuk to be sold in the first quarter of the year.

    • 01 Feb 2016
  • Omantel goes local with dual currency sukuk

    Oman Telecoms (Omantel) sold a $130m-equivalent sukuk via auction in the domestic market on Wednesday. Though the issuer could have achieved tighter pricing in the loan market, it wanted to aid the development of the sukuk market in Oman, said bankers.

    • 28 Jan 2016
  • 'Little boat' weathers 'big storm' as Sharjah prints sukuk

    A 30bp sell-off of Middle Eastern credit overnight could not knock Sharjah off course as it printed a five year sukuk in what bankers described as horrific market conditions on Wednesday.

    • 20 Jan 2016
  • Sharjah reopens Middle East with five year sukuk

    Sharjah opened books on Tuesday for the first international bond from the Middle East this year. Pricing for the five year note started back of the borrower’s outstanding 2024s.

    • 19 Jan 2016
  • Khazanah names four for first dollar sukuk

    Malaysia’s Khazanah Nasional is gearing up for its first Islamic bond in dollars, having mandated banks to arrange a roadshow.

    • 15 Jan 2016
  • Omantel to roadshow sukuk

    Oman Telecommunications has mandated three banks to arrange investor meetings for a Reg S only dollar and/or Omani rial sukuk.

    • 11 Jan 2016
  • Sharjah surprise! Sovereign first out with sukuk roadshow

    Sharjah has become the first CEEMEA issuer to brave the bond markets this year, mandating six banks for a Reg S-only dollar sukuk roadshow and defying sceptics who said earlier this week that Middle East issuance would be postponed as geopolitical tensions in the region escalated.

    • 06 Jan 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
  • 08 Feb 2016
1 JPMorgan 3,159.57 10 5.08%
2 Bank of America Merrill Lynch 3,070.97 10 4.94%
3 HSBC 2,699.51 19 4.34%
4 Citi 2,488.13 11 4.00%
5 Santander 1,898.63 3 3.05%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 JPMorgan 1,996.18 2 20.29%
2 Bank of America Merrill Lynch 1,898.63 3 19.30%
2 Santander 1,898.63 3 19.30%
4 Citi 1,397.59 3 14.21%
5 BBVA 1,248.61 1 12.69%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 HSBC 582.24 5 13.59%
2 Citi 532.50 3 12.43%
3 Barclays 464.71 3 10.85%
4 ING 462.10 2 10.79%
5 UniCredit 379.12 1 8.85%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Feb 2016
1 Goldman Sachs 78.27 10 13.01%
2 Morgan Stanley 60.60 13 10.07%
3 Perella Weinberg Partners LP 48.25 3 8.02%
4 JPMorgan 48.18 10 8.01%
5 Evercore Partners Inc 36.27 8 6.03%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 ING 2,909.42 23 12.03%
2 SG Corporate & Investment Banking 2,424.24 18 10.03%
3 UniCredit 2,132.63 19 8.82%
4 Mitsubishi UFJ Financial Group 1,330.27 8 5.50%
5 Bank of America Merrill Lynch 1,132.89 9 4.69%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 444.19 6 28.15%
2 Standard Chartered Bank 291.14 3 18.45%
3 JPMorgan 179.19 2 11.35%
4 Trust Investment Advisors 170.72 10 10.82%
5 Citi 165.98 1 10.52%