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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Malaysian construction and engineering firm Ahmad Zaki Resources (AZR) plans to launch an MR1bn ($307m) murabaha sukuk facility after receiving regulatory approval.
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The Central Bank of Bahrain has sold Bd20m of short term sukuk al ijara, with the auction oversubscribed at 100% — a 40% drop from last month’s subscription.
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The Gulf Bond and Sukuk Association has named Stuart Anderson as the new chair of its steering committee for 2014.
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Bader Alamoudi has been appointed as the sole chief executive of the JP Morgan’s Saudi Arabia operations and Rayan Fayez named senior country officer. They had both previously been co-chief executives at the bank since 2012.
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Gulf Finance House (GFH), an Islamic investment bank based in Bahrain has appointed its acting CEO Hisham Al Rayes, the permanent holder of the job.
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Mohammed bin Rashid Al Maktoum, ruler of Dubai, has established the Dubai Islamic Economy Development Centre and appointed its board of directors as part of the emirate’s effort to position itself as the global capital of the Islamic economy.