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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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Saudi Arabia's National Company for Petrochemical Industries (Natpet) has signed a Sr1bn ($267m) Islamic finance facility. -
Airport retailer Dubai Duty Free has mandated three banks to arrange unsecured conventional and Islamic facilities totalling $750m.
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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.
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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.
