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Near $1bn attrition from an order book on Tuesday shows buyers have limits
Another Dubai real estate firm priced fresh sukuk well inside its curve
After a very busy period since June began, the pipeline has thinned out
Another Saudi lender is preparing a senior debut
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The Republic of Indonesia has set dates for its sukuk investor meetings and is facing better prospective pricing than a week ago, with spreads tightening after a general emerging market sell-off.
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Omani financial Sohar Islamic has introduced construction finance to its selection of Shariah-compliant products.
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The International Islamic Liquidity Management Corp (IILM) will push its curve out to six months next week as part of a $790m auction of commercial paper style sukuk.
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Matthew Welch will leave his position as general manager of Kuwait Finance House’s wealth management unit in early November.
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The Competition Commission of Pakistan (CCP) has approved Meezan Bank’s plan to buy HSBC’s Pakistan business, and Meezan Bank is hoping to finish the deal in October or November, an official at the bank told IFIS.
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Dubai's DIFC Investments is planning to issue its second ever sukuk. The trade could be a benchmark dollar deal of around $400-$500m according to a banker with knowledge of it.