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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Tunisia’s first takaful firm, Zitouna Takaful, has opened five branches in the city of Sfax.
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The Islamic capital markets and Shariah-compliant insurance have so far developed somewhat separately. Linking the two markets by using Islamic insurance for sukuk could breathe fresh vigour into both markets.
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Oman’s Bank Sohar has opened its first dedicated Islamic banking branch.
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Indonesia sold Rp395bn ($39.7m) of six month sukuk on Tuesday, but orders were low ahead of an expected central bank rate rise this week.
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Abu Dhabi barge operator Gulf Marine Services has signed a Dh1.32bn ($360m) syndicated Islamic financing facility.
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Takaful Re, a Dubai based Islamic reinsurance company, has appointed Firas El Azem as its general manager.