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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Norton Rose Fulbright has hired Robin Balmer as banking of counsel at its Middle East practice in Dubai. The firm said this is a newly created role.
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International Islamic Financial Market has held an industry consultative seminar on sukuk restructuring in Bahrain.
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The new issue premium for the First Gulf Bank $500m long five year conventional deal was under debate on Wednesday morning as the note performed weakly in the secondary market the day after pricing.
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Azerbaijan’s Muganbank has signed a $3m Shariah-compliant financing facility with the Islamic Corporation for the Development of the Private Sector (ICD) – an arm of the Islamic Development Bank.
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Airport retailer Dubai Duty Free has signed a $750m facility comprising conventional and Islamic facilities.
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Tilal Development, owner of the Muscat Grand Mall and part of Al Madina Real Estate has completed a OR50m ($130m) ijara sukuk – the first corporate sukuk in Oman.