Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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The Gulf kingdom is trying to tackle a very wide deficit and sky-high debt to GDP
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
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Saudi Arabian dairy company Almarai plans to issue Sr1.7bn ($453m) of perpetual sukuk and has chosen four local lenders to arrange the deal. -
Sri Lanka-based Amãna Takaful has opened a new office in Akkaraipattu on the country’s east coast, in an effort to boost the firm’s presence across the country.
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The Islamic Development Bank (IsDB) has signed a set of loan agreements worth $747m to fund development projects in several member countries and to Muslim communities in non-member countries.
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Albaraka Türk, the Turkish unit of the Bahraini Islamic bank, is planning to issue $200m of sukuk towards the end of this year or the beginning of next year.
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The potential merger between Khaleeji Commercial Bank and Bank Al Khair, two Bahraini Islamic banks, is entering a crucial phase, as the valuation and due diligence analysis are expected to be completed soon.
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Warba Bank, a Kuwaiti Islamic bank, will formally list on the Kuwait Stock Exchange (KSE), the country’s stock exchange, on September 3.
