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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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The Islamic Development Bank (IsDB) has signed a $300m Shariah-compliant financing for Egypt. -
The African Development Bank (AfDB) has signed a memorandum of understanding (MoU) with the Islamic Liquidity Management Corporation (IILM) in a bid to broaden its funding base.
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The General Council for Islamic Banks and Financial Institutions (Cibafi), a not-for-profit Islamic finance lobbying organisation based in Bahrain, has plans to expand beyond the GCC.
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90 North, a UK based independent investment advisory specialising in Shariah compliant real estate, has hired Edward Gibbon as an asset manager.
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Abu Dhabi Commercial Islamic Insurance Company (Sanad) will offer 55m shares in an initial public offering.
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Turkiye Finans has increased the size of a new murabaha facility to around $500m, making it the largest deal completed by a participation bank in Turkey.
