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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Luxembourg has joined the United Kingdom in a race to be the first European sovereign to issue a sukuk, after the principality's government introduced a bill to bring up to €200m worth of notes in euros or dollars.
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The Islamic Financial Services Board is set to end a two and a half month consultation on Friday for its Exposure Draft 16 standard, which aims to revise guidance for the supervisory review process of institutions offering Islamic financial services.
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Law firm Hogan Lovells International has promoted Claire Matheson Kirton, a member of its Dubai Islamic finance team, to of counsel.
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Oman plans to issue Or200m ($520m) of sovereign sukuk this year as the government looks to address its budget deficit.
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Saudi Electricity Co (SEC) is returning to the local sukuk market and will begin road shows to potential investors for its riyal denominated sukuk on Thursday.
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The Saudi British Bank has issued Sr1.5bn ($399m) of privately placed tier two sukuk. It is the second Saudi bank to do so this week after Saudi Hollandi sold Sr2.5bn of sukuk on Sunday.