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Islamic Finance

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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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  • Saudi Arabian engineering firm Abdullah AM Al-Khodari Sons Co has agreed a SR156.24m ($42m) Islamic financing addendum with Banque Saudi Fransi to add to the $305m-equivalent Shariah-compliant deal the company signed with the bank last June.
  • Al Ahli Takaful Company has named Anas Abdulaziz Akel as its acting CEO following the recent resignation of Ehab Yousef Linjawi.
  • JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
  • JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
  • JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
  • Kuala Lumpur, 25 January 2013 - The Islamic Financial Services Board ( IFSB ) is organising Workshops in Khartoum, Sudan on 29 - 31 January 2013. The Workshops will focus on Facilitating the Implementation of the IFSB Standards (FIS) on Banking and Takaful. The Banking Workshops will discuss Liquidity Risk Management and Stress Testing and are being hosted by the Central Bank of Sudan. Meanwhile, the Takaful Workshops will cover Governance and Solvency issues and are hosted by the Insurance Supervisory Authority of Sudan.