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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 Electricity Supply Board, a leading Irish utility, could become the first credit from the country – and the first European corporate – to access the Malaysian sukuk market, it emerged this week.
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QIB UK is breaking new ground as it prepares to issue the first sukuk-linked note this month.
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Turkey's sukuk debut was hailed as a triumph on Wednesday, prompting investor speculation that other regional sovereigns could look to tap growing demand for Islamic paper.
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Prominent Islamic banker Iqbal Khan has been announced as the second recipient of the prestigious Royal Award for Islamic Finance (The Royal Award). He received the Award from His Majesty the Yang di-Pertuan Agong Almu'tasimu Billahi Muhibbuddin Tuanku Alhaj Abdul Halim Mu'adzam Shah ibni AlMarhum Sultan Badlishah, the King of Malaysia, during a Gala Dinner here tonight.
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The Global University of Islamic Finance ( INCEIF ) is to open a wealth management centre in conjunction with BNP Paribas' Islamic banking arm.