Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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Cham Bank on Wednesday became the first Syrian Islamic bank to trade on the country’s stock exchange and plans to use proceeds to open two branches this year, despite the country’s civil war.
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Willis Group has become the first Insurance broker to offer Shariah compliant commercial real estate insurance in the UK.
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Vakifbank priced the first ever euro-denominated bond from a Turkish bank on Tuesday to an undisputed good reception, reports GlobalCapital. But bankers on and off the deal debated whether the print was inside the bank’s dollar curve.
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Abu Dhabi Islamic Bank has hired veteran specialist Sagheer Mufti as its global head of operations and technology.
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Emaar Malls can easily price its benchmark sukuk inside existing Emaar Properties paper, said a banker close to the deal and United Arab Emirates investor, although it is thought the firm will issue a 10 year tranche.
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Emaar Malls Group tightened guidance on its 10 year benchmark sukuk to 190bp area over mid-swaps on Tuesday afternoon in London, following strong demand for the paper.