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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Turkiye Finans has hired five banks to arrange a $250m murabaha facility. The deal has been launched into the market.
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The Islamic Development Bank is looking to issue a Reg S dollar sukuk and has mandated eight banks as joint lead managers and bookrunners for the sale.
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Islamic bond investors should look to invest in the sukuk markets of other jurisdictions before the Shariah-compliant instrument will experience a pick-up in issuance volume in Asia, say DCM bankers.
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The Islamic Development Bank will join other lenders such as the Asian Development Bank and the US Agency for International Development in helping to provide financing for Pakistan’s Diamer Bhasha Dam.
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Islamic finance university INCEIF hosted a “knowledge sharing partner session” on Wednesday in Kuala Lumpur, ahead of the Islamic Financial Services Board’s 10th summit on Thursday.
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Al Madina Investment has submitted a prospectus to Oman’s Capital Market Authority (CMA) as it looks to issue a privately placed OR50m ($130m) sukuk or debt instrument – the first large size Islamic issue in the sultanate.