GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Islamic Finance

Most recent/Bond comments/Ad

Most recent/Bond comments/Ad

Most recent

More articles/Ad

More articles/Ad

More articles

  • Saudi-Emirati Integrated Transport (Seitco) has signed a SR280m ($74.6m) Islamic financing facility with Saudi Islamic bank Al Rajhi.
  • Qatar International Islamic Bank has hired Ehab Eshehawi as its chief operating officer.
  • Saudi Arabia moved this week to open up its $530bn stock market to international investors in what bankers said could be a game-changer for IPOs and other capital market deals from the country. National Commercial Bank, a lender with $100bn of assets, could be the one of the first listings accessible to foreign buyers, but market participants are waiting for more details of the reforms before starting the celebrations.
  • Dallah Healthcare Holding Co has signed its first ever Shariah-compliant loan, a SR995.5m ($265.4m) facility with Saudi British Bank.
  • EFU Life Assurance, one of Pakistan’s largest conventional insurance companies, plans to offer takaful services through its general and life assurance businesses, adding momentum to the trend of conventional insurers in the country starting to offer Islamic services.
  • Turkey’s Doğuş group has approval from the country’s capital markets board for a $370m debut sukuk, taking it another step closer to launching the first ever dollar sukuk from a Turkish corporation. The country has a limited Islamic investor base, but the deal should also attract healthy support from conventional accounts, said debt bankers.