Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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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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Standard Chartered has launched Islamic banking services in Kenya, under its Saadiq brand. -
Eastern Sugar Company (Nuran Sugar) is set to sign a loan worth E£1.5bn ($217m) with 10 banks. The deal is expected to close in mid-April, according to Walid Hassouna deputy general manager and head of Islamic banking at Bank Audi
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Wakala and hybrid structures have been the two fastest growing in the sukuk market since 2010. But the ijara structure may see a boost later this year as new sovereign issuers in the market pursue this kind of trade.
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Dubai bonds and sukuk traded up on Monday, after United Arab Emirates authorities revealed that its recently rolled over debt was refinanced on better than expected terms.
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Bahrain’s General Council for Islamic Banks and Financial Institutions (Cibafi), has named Abdelilah Belatik as its secretary general. He began in the job on Sunday.
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Jamal Darwiche, acting chief executive officer of Alizz, has resigned. The Omani bank’s chief financial officer, Saif Al Yarabi, will take over as interim CEO until the bank finds a replacement.
