Sukuk set for year-end showdown as big guns turn up

Benchmark offerings from a Qatari debut issuer and an Abu Dhabi name absent since 2007, plus large potential new issues from Dubai and Saudi Arabia, are providing new impetus for the sagging international sukuk market, writes Dan Alderson.

  • By Dan Alderson
  • 22 Nov 2013

A sector traditionally inactive in December is set for an unusually strong end to 2013 as prefunding plays add to recent deals.

These include Saudi real estate developer Dar Al Arkan, which priced $300m tight to its curve this week. In addition, the firm’s UAE peer Aldar Properties ...

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5 Citi 24,204.97 95 5.31%