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Turkish oil and gas firm offers a pickup to its parent and most other CEEMEA sukuk
Where the company's deal prices relative to its parent will be the topic of investor roadshows
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
Investors are still showing big demand for the Dubai real estate firm's sukuk despite two sell-offs in a year
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Qatari lender QInvest has partnered with global asset manager Pioneer Investments to launch a Shariah compliant European equities fund. A weak euro, low oil prices and the advent of another round of ECB quantitative easing are positive for European businesses and likely to create attractive investment opportunities, said QInvest’s head of asset management.
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Simon Putt has left Saudi Arabian Al Rajhi Capital where he had been head of DCM since April last year.
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The Islamic Insurance Association of London (IIAL) — a new insurance market body — has been set up and insurance practitioners expect the formal launch soon.
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First Gulf Bank has hired Giuseppe Ruggiero from National Bank of Abu Dhabi to head its debt capital markets business.
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Al Waha Petrochemical, a subsidiary of Sahara Petrochemical, has signed two Islamic facilities worth Sr2.3bn ($612m) in total with Saudi British Bank (SABB) and Banque Saudi Fransi (BSF).
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Dubai based International Airfinance Corp (IAFC) has signed its first purchase agreement as manager of a Shariah compliant aircraft leasing fund (ALIF). The $2bn deal puts the fund well on the way to its $5bn target.