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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The Dubai Financial Services Authority has weighed into the long-running industry debate over whether national or company Shariah boards are the way forward for Islamic finance, by recommending a combined approach.
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Dubai should push on with its plan to create a central Shariah board. Although the emirate has made good progress in striving to become the self-styled “centre for the Islamic economy”, the time is ripe for a breakthrough that would create a lasting legacy.
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Oman’s Alizz has hired Salaam Said Al Shaksy as its chief executive officer.
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Saudi Arabian fashion retailer AlHokair began meeting with local investors on Tuesday as it looks to issue a debut sukuk. AlHokair has asked Samba Capital to arrange the deal.
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The Central Bank of Bahrain has sold BD36m ($95.5m) of short term sukuk al salam at a tighter yield of 0.73% and with more orders than last month’s issue.
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Bank of London and Middle East has helped UK private equity investor Connection Capital finance a £10m management buyout of Impero, an e-safety, classroom, network and user management software provider.