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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Ithmaar Bank, a Bahraini retail Islamic bank, has appointed its general manager, Ahmed Abdul Rahim, as acting chief executive officer. He will start his new role on September 1. -
Oman’s Bank Sohar has opened a Sohar Islamic branch (part of its Islamic banking business) in the Sultanate’s second largest city, Salalah.
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Malaysian banking group RHB has hired Ibrahim Hassan as the new head of the group’s Islamic division.
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Malaysia’s central bank, Bank Negara and the Hong Kong Monetary Authority (HKMA), have agreed to further ties to develop Islamic finance in Hong Kong.
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Turkish Islamic bank Al Baraka Turk is due to sign its $250m murabaha facility within the first two weeks of September. Syndication for the deal closes on August 29.
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Three Egyptian banks are set to complete Egypt’s largest Shariah-compliant financing facility to the Egyptian Steel Company for E£1.7bn ($243m).
