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
-
The Dubai Multi Commodity Centre Brokerage has partnered up with an interdealer broker for the first time to jointly market commodity murabaha (Islamic financings) on its DMCC Tradeflow platform.
-
Bankers worried about a dollar sukuk issuance backlog mounting up towards the end of the year are pushing issuers to accelerate their plans and come to market sooner.
-
Bahrain’s central bank Waqf Fund is to form a committee to oversee external Shariah auditing of Islamic banks and financial institutions – an initiative that authorities hope will reposition the Kingdom as a hub for Islamic finance.
-
The dollar sukuk market has seen three issues so far this year, with three great results capped off by the Islamic Development Bank boldly entering new territory with an unprecedented $1.5bn last Thursday. But while each of these deals has stirred Islamic finance professionals to proclaim the growing profile and pools of capital for the asset class, the market is yet to see a true test of demand.
-
Malaysian government-owned Syarikat Prasarana Negara has sold a MR2bn ($610m) dual tenor murabaha sukuk, with one of the tranches equalling its previous record size.
-
Malaysian insurance firm AIA has merged AIA AFG Takaful into its AIA Public Takaful business, under a single license and brand.