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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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A dispute between shareholders of the Algerian subsidiary of Bahrain’s Al Salam has seen Algeria’s central bank commission place the bank under temporary administration.
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Luxembourg could move ahead rapidly to pick banks for its debut sovereign sukuk, said two government officials and two Islamic finance specialists, after it passed a bill this week to allow the deal.
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Corporate and debutant issuers have driven Saudi sukuk to its busiest six months on record according to IFIS figures.
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The International Islamic Liquidity Management Corp is set to re-issue $860m of commercial paper style sukuk next week – its seventh issue to date under its short term sukuk programme.
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Meethaq, the Islamic banking subsidiary of Bank Muscat, has teamed up with the Islamic Development Bank (IsDB) and the Islamic Research and Training Institution (IRTI) to jointly support business opportunities in Oman’s Islamic banking sector.
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The Bahrain Economic Development Board (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD) will combine efforts to promote growth of small and medium size enterprises in Bahrain, by providing support as well as Shariah compliant products and training.