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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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. -
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 Far from outdated or a "deceit", Islamic finance can be at the forefront of a more robust, modern financial system, says INCEIF.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.
