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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The general assembly at Joumhouriya Bank, Libya’s second largest commercial bank, has approved its transfer to become a fully-pledged Islamic bank.
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Dubai state-owned Investment Corporation of Dubai (ICD) is near to signing its $2bn conventional and Islamic refinancing facility, with bankers eager to complete the deal by the end of May.
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The International Centre for Education in Islamic Finance (INCEIF) has partnered with Bank Nizwa, Oman’s first Islamic bank, to provide structured training and development initiatives for Omani nationals working in the Islamic finance industry.
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Warba Bank, a Kuwaiti Islamic bank, has acquired a commercial office building in Oman.
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A Shariah compliant underwriting agency – which backers say is the first of its kind – has been launched in London.
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Asiya Investments, a GCC based Asia specialist investment firm, has launched its Asia Islamic Trade Finance Fund, which will invest in select, Shariah-compliant financing of short-term physical trades in Asia and the Middle East.