Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Dar Al Arkan has built an order book of $700m for its sukuk of up to $450m, offering a 13bp-25bp new issue premium according to a lead manager and an investor. Price guidance has been released at 6.75% area for the five year deal.
-
The future growth of Islamic finance is under threat if better education standards are not implemented, say practitioners, with a recent survey pointing to a critical skills gap in the industry. -
Dar Al Arkan plans to raise up to $450m in a five year dollar denominated sukuk, with initial price thoughts at "high 6%", as the Saudi Arabian real estate firm looks set to make its return to the international Islamic bond market.
-
Saudi Arabian engineering firm Abdullah AM Al-Khodari Sons Co has signed a short term SR300m ($79.9m) Shariah-compliant financing agreement with Bank Al Bilad.
-
The Asian Development Bank has said it is moving closer to issuing a first ever sukuk and has challenged member countries to find projects around which it can structure a deal.
-
Dubai Islamic Bank plans to buy a stake in Panin Syariah, the Islamic banking subsidiary of Indonesia’s Bank Panin, as the Middle Eastern Islamic bank seeks to expand abroad.
