Watermark
Go to Asia edition

Tamweel begins marketing Islamic RMBS

Housing finance provider Tamweel, owned by Dubai Islamic Bank, is looking to issue a dollar-denominated sukuk backed by the cashflows from residential Ijara contracts — the lease-to-buy arrangements in Islamic home finance.

  • 19 Jun 2012
Tamweel asked Abu Dhabi Commercial Bank, Emirates NBD and UBS to arrange a series of investor meetings. These started on Tuesday and will span the Middle East, Asia and Europe. The transaction will be the second ever RMBS to comply with Shariah investment rules, after Tamweel completed the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
View full table
1 Citi 3,237 10 19.12
2 Goldman Sachs 2,096 5 12.39
3 Morgan Stanley 1,965 5 11.61
4 BNP Paribas 1,686 6 9.96
5 Barclays 1,565 4 9.25

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 33,499.81 106 11.84%
2 JPMorgan 26,026.16 75 9.20%
3 Wells Fargo Securities 25,325.15 70 8.95%
4 Bank of America Merrill Lynch 23,157.33 74 8.18%
5 Barclays 17,494.57 59 6.18%