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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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Bahrain's Bank Alkhair has appointed veteran investment banker Khalil Nooruddin as managing director and chief executive, the Islamic finance house announced on Tuesday.
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Bahrain's Sukuk Al-Ijara issue on Tuesday was more than three times oversubscribed, according to the country's central bank.
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Malaysian Airline Systems returned to the sukuk market on Tuesday for a further MR500m of subordinated perpetual paper.
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Key personalities in the global Islamic finance industry will gather in Kuala Lumpur next week to witness the recognition to a deserving individual who has contributed extensively to the development of Islamic finance globally.
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Source: Tegara Net A banking consortium clinched a deal to arrange EGP 300 million Islamic financing for Emaar Misr, which will go for repaying the developer's outstanding liabilities.