Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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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
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First Gulf Bank has taken full ownership of independent Shariah compliant solutions firm Aseel Finance and has appointed Javed Azfal, FGB’s retail Islamic banking head, as its chief executive officer. -
Mortgage and real estate loan provider Malaysia Building Society is looking to issue up to MR7bn ($2.2bn) of sukuk, having received the go ahead from regulators.
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UK Prime Minister David Cameron will speak at the World Islamic Economic Forum on Tuesday and is expected to unveil plans for a sovereign sukuk debut next year.
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Bahrain based Islamic bank Al Salam Bank has unveiled ASB Biodiesel, a waste-to-biodiesel plant in Hong Kong. The plant is a joint venture between Al Salam and a group of Gulf-based financial institutions.
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Prospects of an Arab Spring country issuing international sukuk this year are dwindling, with Tunisia having postponed its plans for a debut deal.
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Mozambique has joined the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), an affiliate of the Saudi based Islamic Development Bank (IsDB).
