Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
Bond pricing for the mining company started about 43bp back of its parent
Sovereign wealth fund takes $2bn, as aimed at
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Emaar the Economic City, a subsidiary of Emaar International charged with developing King Abdullah Economic City (KAEC) in Saudi Arabia, has signed an SR1.2bn ($319.8m) eight year murabaha facility with Alinma Bank. -
Securities & Investment Company (SICO), a Bahraini based investment bank, has appointed Anantha Narayanan as its chief operating officer.
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Malaysia’s UniTapah, which has a concession to design, build and maintain the new campus of the University of Technology MARA is looking to issue a MR600m 20 year ($171.8m) murabaha sukuk.
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The recent debut sukuk by the International Finance Facility for Immunisation (IFFIm) has rightly been hailed as a breakthrough for the Islamic finance market. Questions about the small order book are misplaced – the deal was a remarkable result.
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Marafiq, a Saudi utility service provider has signed a SR2.5bn ($666m) Islamic loan to expand its existing operations and fund future activities.
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BMI Bank’s chief executive Jamal Al-Hazeem has resigned from the bank for personal reasons, said the company in a statement. Al-Hazeem, who took over as chief executive in 2010, will remain on the board of directors on the Bahraini bank.
