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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The State Bank of Pakistan, the country’s central bank, has granted an Islamic banking license to Sindh Bank. -
London based Gatehouse Bank has completed a €12m sukuk backed by property in Paris, in a rare example of French Islamic paper and a first for the company.
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Crédit Agricole’s director of Islamic banking, based in Dubai, Yousif Haider has departed the firm and has since returned to Bahrain. It is unclear why he left the bank and a replacement has yet to be announced.
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Saudi Arabia’s National Commercial Bank began roadshows on Tuesday, with further meetings scheduled on Wednesday, as it plans to issue Sr4bn ($1.06bn) of tier two sukuk.
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The global sukuk market is set to resume growth in 2014 after a mixed 2013 and should exceed $100bn for the third year running, said Standard & Poor’s on Tuesday.
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Qatar Islamic Bank (QIB) and QInvest have teamed up to launch three Shariah-compliant fund products that offer different levels of risk.
