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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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Subscription to the Alliance S&P Shariah Index, Bangladesh’s first Islamic index fund, will start on September 8.
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Saudi Arabia's National Company for Petrochemical Industries (Natpet) has signed a Sr1bn ($267m) Islamic finance facility.
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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.