Most recent/Bond comments/Ad
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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Egypt’s parliament on has passed the country’s first law allowing the issuance of sukuk, raising the prospects of a début sovereign deal in the near future.
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Growth in Islamic banking assets in the GCC outstripped conventional assets during 2012, rising by 14% compared to 8.1%, according to financial services and accounting firm Ernst & Young .
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International Islamic Liquidity Management Corp (IILM) is in the final stages of issuing a debut short term sukuk, Bank Negara Malaysia 's governor Zeti Akhtar Aziz said on Wednesday. The deal could have a maturity of up to one year.
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Karachi, March 20, 2013: JCR-VIS Credit Rating Company Limited has upgraded the Insurer Financial Strength ( IFS ) Rating of Jubilee Life Insurance Company Ltd. (JLI) to 'AA' (Double A) from 'AA-' (Double A Minus). Outlook on the assigned rating is 'Stable'.
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Karachi, March 20, 2013: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Shafi Texcel Limited (STL) at ‘BBB/A-3’ (Triple B/A-Three). Outlook on the assigned rating is ‘Stable’.
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Oman has no plans to allow foreign Islamic banks to establish operations in the country for the foreseeable future, the Central Bank of Oman’s executive president said this week. Instead, the sultanate has decided to assess the market size and demand over the next two to three years, Hamood Sangour al Zadjali told reporters at the Oman Islamic Banking and Finance Conference in Muscat.