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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
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The Islamic Development Bank (IsDB) and Senegal have signed facilities totalling $144m for the financing of three social projects in the west African country.
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QInvest has staked its credentials as a potential arranger of Oman’s first sovereign sukuk, after pledging to support local Omani borrowers with advisory and other solutions.
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Ak Bars Bank, from the Russian federal subject of Tatarstan, has signed a $100m murabaha facility with international banks.
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Abu Dhabi Islamic Bank (ADIB) has signed Dh450m ($122.5m) Islamic financing facility with Al Dhafra Cooperative Society, a private equity firm that serves local communities in western Abu Dhabi.
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Noor Takaful’s founding chief executive officer Parvaiz Siddiq has left the company.
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Al Rajhi Malaysia, the subsidiary of the Saudi Arabia bank, has appointed Tariq Siddiqui as director of corporate and investment banking.