© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Islamic Finance

Most recent/Bond comments/Ad

Most recent/Bond comments/Ad

Most recent


Trade was the largest so far from the Dubai property developer
Turkish oil and gas firm offers a pickup to its parent and most other CEEMEA sukuk
Where the company's deal prices relative to its parent will be the topic of investor roadshows
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
More articles/Ad

More articles/Ad

More articles

  • Dubai World company Palm Utilities has closed a Dh1.14bn ($310m) financing facility for its district cooling business. The seven-year club facility comprises both a conventional and Islamic tranche, with proceeds to be used in refinancing an existing facility.
  • Saudi construction company Al-Khodari Sons Company agreed murabaha (Islamic financing) facilities worth SR968m ($258m) with Samba Financial Group over the weekend.
  • 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.
  • Stanford Marine Group, a Dubai headquartered supplier and operator of offshore supply vessels, has agreed a $175m loan to put towards growth capital and refinancing existing debt. Noor Islamic and Standard Chartered arranged the senior secured club facility, which is dual currency (dollar and UAE dirham) and comprises both murabaha and conventional tranches.
  • 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.
  • Pembinaan BLT, a company that develops quarters and facilities for the Royal Malaysian Police, is set to issue MR1.35bn ($438.67m) of sukuk. Book building for the medium term notes programme will start on Monday.