Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
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
More articles/Ad
More articles/Ad
More articles
-
Emirates Islamic Bank gets tight price on $500m sukuk
-
Emirates Islamic Bank on Wednesday underscored the market's ever growing demand for sukuk as its second $500m benchmark of the year generated a $5bn order book from 250 orders – a huge jump from the $ 1 .5bn from 106 accounts received by the previous deal.
-
The Republic of South Africa's national treasury has asked two consortiums led by BNP Paribas and Standard Bank to advise it on issuing a debut sovereign sukuk. Both a local currency and international deal are possible, with the latter likely to be benchmark size and carry a five-year maturity.
-
Saudi Arabian electrical engineering firm Al Fanar Co has signed a SR3bn ($800m) murabaha financing with three regional lenders.
-
UAE housing provider Tamweel has opted not to proceed with plans for an RMBS sukuk, having looked poised to issue the deal last week. The complexity of the structure and lack of other comparable transactions are likely to have been factors weighing on roadshows, with Tamweel saying it had based its decision on market feedback.
-
Karachi, July 03, 2012: JCR-VIS Credit Rating Company Limited has maintained the entity ratings of Dubai Islamic Bank Pakistan Limited (DIBPL) at 'A/A-1' (Single A/A-One). Outlook on the ratings has been revised from 'Stable' to 'Positive'.