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Latest Islamic Finance news

  • Global lenders stay loyal to Turkish banks as EM buyers flee

    Global banks are, for the moment at least, standing by their Turkish clients despite deepening financial problems in the country. The yield on Turkey’s 10 year sovereign bond hit almost 20% this week, driven to this vertiginous height by diplomatic tensions with the US and an economy riddled with problems. Silas Brown and Lewis McLellan report.

    • 09 Aug 2018
  • Bahrain bounces as support package emerges

    The Kingdom of Bahrain’s five year CDS spread has plummeted as investors’ fears of the country’s inability to meet the repayment of its $750m November 2018 sukuk began to recede after a statement of support from Saudi Arabia, Kuwait and the United Arab Emirates.

    • 28 Jun 2018
  • IsDB weighs up euro public debut and green sukuk

    The Islamic Development Bank has been meeting investors and banks in Europe to explore the possibility of launching its first public sukuk issue in euros. A labelled green sukuk might follow.

    • 25 Jun 2018
  • Nordea enjoys best covered demand of 2018

    Nordea issued a €1bn seven year bond on Thursday and attracted the highest subscription ratio of any euro covered bond of this size in 2018, while pricing with a tiny new issue premium. The execution offers further evidence that covered bonds are on a solid footing, in contrast with other sectors.

    • 17 May 2018
  • IsDB sets roadshow dates for euro sukuk

    The Islamic Development Bank has set the roadshow schedule for its euro benchmark.

    • 02 May 2018
  • Dar Al Arkan tightens sukuk as book hits $1.1bn

    Saudi property developer Dar Al Arkan has tightened price guidance for its sukuk, with books for the deal hitting $1.1bn.

    • 14 Mar 2018
  • Dar Al Arkan puts out initial guidance

    Dar Al Arkan has released initial price guidance for its dollar benchmark sukuk.

    • 13 Mar 2018
  • IsDB guides for sukuk

    Islamic Development Bank released price guidance for its dollar benchmark sukuk on Wednesday and leads are expecting to price the note on Thursday.

    • 08 Mar 2018
  • Dar Al Arkan hits the road for sukuk

    Dar Al Arkan Real Estate Development Company has mandated eight banks to arrange a dollar benchmark five year sukuk.

    • 08 Mar 2018
  • IsDB mandates for five year sukuk of ‘$1bn-plus’

    The Islamic Development Bank (IsDB) has mandated eight banks to roadshow a benchmark five year Reg S sukuk with a view to adding a 10 year tranche as well.

    • 28 Feb 2018

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
  • Today
1 Citi 37,598.23 170 9.48%
2 HSBC 34,028.88 217 8.58%
3 JPMorgan 26,223.43 127 6.61%
4 Standard Chartered Bank 24,070.02 150 6.07%
5 Deutsche Bank 21,898.85 77 5.52%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 11,343.89 36 17.74%
2 HSBC 7,749.23 19 12.12%
3 JPMorgan 6,116.80 30 9.57%
4 Deutsche Bank 5,950.19 7 9.31%
5 Bank of America Merrill Lynch 4,165.66 17 6.51%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 14,691.58 46 11.05%
2 Standard Chartered Bank 13,765.00 47 10.35%
3 JPMorgan 11,619.88 47 8.74%
4 Deutsche Bank 11,156.18 26 8.39%
5 HSBC 9,244.84 41 6.95%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 4,103.45 23 14.66%
2 ING 2,532.09 20 9.04%
3 Credit Agricole CIB 2,151.31 8 7.68%
4 MUFG 1,818.52 8 6.50%
5 Credit Suisse 1,802.80 1 6.44%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 5,175.29 96 22.23%
2 HDFC Bank 2,870.62 60 12.33%
3 Trust Investment Advisors 2,641.11 83 11.34%
4 ICICI Bank 1,804.53 61 7.75%
5 AK Capital Services Ltd 1,546.74 70 6.64%