Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Dubai-based international schools operator GEMS Education unveiled plans for a perpetual sukuk this week as it began roadshows for a benchmark debut of around $500m. The deal would be a first, not only for the company, but for the Middle East, which saw Majid Al Futtaim issue the region’s first ever conventional corporate hybrid perpetual just last week. -
The sukuk market saw its second big landmark of the week on Wednesday as global issuance in 2013 passed $100bn, with Malaysia completing a MR3bn ($953.5m) sale. This came just a day after the UK government wowed the World Islamic Economic Forum – held in a non-Muslim country for the first time – by announcing plans to issue a debut sovereign sukuk next year.
-
Malaysian public transport operator Syarikat Prasarana Negara has completed a MR1bn of sukuk to finance a Kuala Lumpur light railway extension.
-
EIIB-Rasmala wants to target more than $2bn of capital and investment funds across its range of Islamic asset management and investment banking products, it said on Tuesday.
-
Abu Dhabi Islamic Bank has named Paul Maisfield as chief executive officer of its subsidiary real estate consultancy firm MPM Properties.
-
FTSE Group is launching a Shariah compliant equity index that aims to reduce volatility through ethical and financial screening.
