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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Dubai Islamic Bank has appointed Adnan Chilwan as chief executive. -
The International Islamic Liquidity Management Corp (IILM) has added Kanny Hidaya and Abdul Aziz Al-Qassar to its Shariah board, following the departure of four of its original members.
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Hong Kong’s tax regulator the Inland Revenue Department (IRD) has amended its tax and stamp duty rules for sukuk.
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Tunisia’s prospects of borrowing in the international market brightened this week as its National Constituent Assembly passed a draft sukuk bill on Wednesday. The law is seen as an important hurdle to Tunisia issuing a sovereign Islamic debut and helps it open up a wider range of funding options as existing sources are becoming more pressed.
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Dubai’s reputation in the loan market is riding high this week after Dubai Duty Free (DDF) used improving sentiment towards the emirate to slash the margins of its 2012 loan and property developer Abdulsalam Al Rafi Group became the first of three hotel operators in the market to sign a loan.
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Malaysia's Syarikat Prasarana Negara (National Infrastructure Company) will consider issuing MR4bn ($1.3bn) of sukuk to finance the Kuala Lumpur rail network.
