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Trade was the largest so far from the Dubai property developer
Turkish oil and gas firm offers a pickup to its parent and most other CEEMEA sukuk
Where the company's deal prices relative to its parent will be the topic of investor roadshows
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
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Omani Islamic bank Alizz has hired Maimuna Al Sulaimani as head of its legal department.
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DanaInfra Nasional is set to offer its second retail sukuk to fund the Sungai Buloh-Kajang mass rapid transit rail project.
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The Central Bank of Bahrain has issued BD36m ($95.7m) of three month sukuk al-salam, with the sale oversubscribed by 144%.
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Investors wasted little time getting their hands on Khazanah Nasional’s S$600m ($485m) exchangeable sukuk on Thursday night as books were covered within 40 minutes of launch, according to a banker close to the deal.
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Malaysian property developer Putrajaya Management plans to establish a MR370m sukuk wakala programme to finance a government office project.
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With just two and a half months of 2013 left for borrowers to issue deals after this week’s religious holidays, the global sukuk market is over $50bn short of last year’s record volume, according to IFIS data. This year’s figure has, however, already passed the full year 2011 total.