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Most recent/Bond comments/Ad
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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Islamic finance specialists welcomed a joint initiative from Bahraini Islamic bank Al Baraka and the World Bank to research the risk-management challenges facing Islamic banks. Islamic institutions such as the Organisation of Islamic Cooperation and the Islamic Development Bank have not done enough to promote research into risk management in Islamic finance, and the new initiative was a firm step in the right direction, said one. -
CIMB Islamic Bank has donated MR1m ($312,592) to Mercy Malaysia, a non-governmental organisation that is providing humanitarian relief to Gaza.
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Ghulum Muhammed took over from Saleem Ullah as State Bank of Pakistan’s director of Islamic banking this week
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Bassel Nadim, managing director of Tanmia Capital, spoke to IFIS about the outlook for SME financing, how best to regulate Shariah supervisory boards and the importance of integrated accounting standards for Islamic banking.
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Kuwaiti mobile operator is to sell 15% of its holding in its subsidiary Zain Bahrain as the company is set to launch Bahrain’s first IPO since 2010 next month.
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Islamic finance specialist Sufian Bataineh has left Luxembourg law firm OPF Partners.
