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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US-based Saturna Capital’s Malaysian subsidiary has launched a Shariah-compliant equity fund.
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The United Kingdom’s government has expanded its help to buy mortgage guarantee scheme to Muslim borrowers – a move aimed at levelling the field for Islamic banks and their customers and which comes as part of a series of initiatives to promote London as a global hub for Islamic finance.
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Export-Import Bank of Malaysia (Mexim)’s debut sukuk rallied 10bp tighter to 130bp over Treasuries in secondary markets on Tuesday morning, having already been priced well inside initial guidance on Monday evening.
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Export Import Bank of Malaysia (Mexim) launched its debut sukuk on Monday, also becoming the first Asian issuer to the international sukuk market this year outside short term paper. International Islamic Liquidity Management Corporation, also based in Malaysia, sold a $860m CP-style three month issue in January.
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The Islamic Development Bank (IsDB) has arranged a $50m financing facility for an agricultural project in eastern Sudan.
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Barwa Real Estate Group has completed the sale of its shares in Barwa Bank to state-owned Qatari Diar to help pay down debts.