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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 Central Bank of Bahrain (CBB) has begun executive procedures to guarantee conventional and Islamic banking deposits and investment accounts within the next two months.
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Egypt will raise between $10bn and $15bn yearly in investments from projects financed by sukuk, a finance ministry official said on Monday.
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The United Nations Development Programme (UNDP) has launched the second phase of a jobs and small business programme in the Palestine, in partnership with the Palestinian Authority and funded through the Islamic Development Bank (IsDB).
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The Central Bank of Bahrain (CBB) has issued BD100m ($265.2m) of two year sukuk al-ijara.
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A Shariah compliant underwriting agency has launched in London. Backers say it is the first of its kind and a game changer for Islamic capital markets. -
The Securities and Exchange Commission of Pakistan (SECP) has established a central Shariah advisory body (SAB) to advise on transactions.
