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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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  • Qatar sukuk talk well inside bonds, but investors expect further tightening
  • Dana Infra Nasional, a state-owned company set up last year by Malaysia's finance ministry to fund infrastructure projects, has begun marketing MR2.4bn ($754.99m) of sukuk to help finance the construction of a railway in Kuala Lumpur.
  • 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.
  • DOW JONES ISLAMIC MARKET TITANS 100 INDEX CLOSED UP 4.66% IN JUNE
  • South African Shariah compliant asset manager Oasis Crescent has opened an office in London and launched six funds investing in assets such as sukuk, equity and property. The firm acquired offices in Knightsbridge in March.