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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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The Nigerian state of Osun is offering NG10bn ($62m) of sukuk al ijara to investors, in the country’s first ever sukuk sale. -
The World Bank will launch an Islamic financial research centre in Istanbul before the end year.
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Bank Muscat’s Islamic banking unit Meethaq has opened a branch in Nizwa. The opening is part of Meethaq’s plans to open branches in all major cities and towns across the sultanate.
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Turkish Islamic bank Kuveyt Turk has sent out an invitation letter to loans bankers for a murabaha facility. This is the first time the bank has come to the loan market since 2009.
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Dubai Islamic Bank has settled all Dh4bn of Tamweel’s bilateral liabilities two years of their scheduled maturity, the bank said on Wednesday.
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Turkish Islamic bank Al Baraka Turk has signed an oversubscribed $430m murabaha financing after launching the deal into syndication at $250m.
