Latest Islamic Finance news

• Turkey USD2bn 5.8% Feb 22 sukuk

  • 14 Feb 2019

• Turkey returns to sukuk, sets up corporate comeback

  

  The Turkish sovereign’s third bond of the year, a sukuk, was priced with no new issue premium on Wednesday, paving the way for Türk Telekom to come to market.

  • 14 Feb 2019

• Turkey tightens as books for sukuk over $3.5bn

  

  The Republic of Turkey has tightened price guidance for its three year sukuk to 5.9% area, with books for the deal in excess of $3.5bn.

  • 13 Feb 2019

• Turkey makes sukuk return, another borrower waiting in wings

  

  Turkey has picked banks for its third benchmark of the year and its first since 2017 to be issued using sukuk documentation. Bankers say another Turkish borrower could mandate before the end of the week.

  • 12 Feb 2019

• Bahrain Mumtalakat picks banks for rare benchmark

  

  Bahrain Mumtalakat Holding Company, the Bahraini sovereign wealth fund, has picked five banks to run a roadshow promoting a dollar sukuk benchmark.

  • 11 Feb 2019

• MENA lining up bumper year, Egypt going green

  

  The Middle East and North Africa region will provide a large chunk of emerging market bond supply in 2019, investors said this week. The region provides excellent value, in spite of fluctuations in the oil price.

  • 31 Jan 2019

• FAB prints first ever intraday bank sukuk

  

  First Abu Dhabi Bank (FAB) printed its $850m five year sukuk on Tuesday, becoming the first bank to sell an international sukuk intraday.

  • 16 Jan 2019

• Senaat USD300m 4.76% Dec 25

  • 29 Nov 2018

• NMC USD400m 6% Nov 23

  • 15 Nov 2018

• NMC sidesteps volatility in sukuk debut

  

  NMC Healthcare, the London-listed United Arab Emirates healthcare company, made its bond market debut in a week wracked by volatility. But despite the choppy backdrop, NMC’s debut came off smoothly.

  • 15 Nov 2018

Islamic Finance news archive