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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Next month sees the tenth annual Kuala Lumpur Islamic Finance Forum take place from September 23 to September 26 in Kuala Lumpur.
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The Islamic Development Bank has agreed a €750m facility for Pakistan – by far its biggest loan to the country to date, according to IFIS data. -
Standard & Poor’s has cut Albaraka’s long and short term ratings to BB+/B from BBB-/A-3, citing deterioration in the bank’s countries of operation.
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Nigeria’s government is seeking a $450m loan from the Islamic Development Bank to expand a power transmission system which it said will generate up to 20,000 megawatts of electricity.
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The Malaysian unit of Bank Muamalat, an Indonesian Islamic bank, has set up the first ever Shariah-compliant solar photovoltaic financing scheme.
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In this guest column, INCEIF responds to criticism of Islamic finance in the Financial Times by Duke University professor Timur Kuran. Far from outdated or a "deceit", Islamic finance can be at the forefront of a more robust, modern financial system, says INCEIF. The views expressed are INCEIF’s and do not necessarily reflect those of IFIS.
