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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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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 Far from outdated or a "deceit", Islamic finance can be at the forefront of a more robust, modern financial system, says INCEIF.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.
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Saudi Arabian investment firm Aseer Trading, Tourism and Industry has signed a Sr700m ($187m) seven year Islamic financing facility.
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Bahrain’s Al Baraka Islamic Bank has promoted several of its staff to vice president, a senior level at the bank.
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It has hit more than a few bumps along the way but the International Islamic Liquidity Management Corp’s plans to issue sukuk commercial paper — the first of its kind in the Islamic market — finally look to be coming good. The company said on Thursday that it will issue a $490m debut this month, after more than 2-1/2 years of work on the project.
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The International Islamic Liquidity Management Corp will this month issue $490m of sukuk commercial paper — the first of its kind in the Islamic market — after more than 2-1/2 years of work on the project.