Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
Books were more than double the deal's size at launch
The company is expanding outside Turkey, such as into Saudi Arabia
Islamic investors have been a safe haven for Gulf issuers in the past, and can be now
More articles/Ad
More articles/Ad
More articles
-
Malaysia is set to move from a Shariah-compliant to a Shariah-based approach as it aims for an Islamic capital markets 'critical mass' of almost M$3tr ($942.4bn) by 2020, according to projections from the Securities Commission Malaysia . In its 'Capital Markets Master Plan 2' report, the SCM predicts a rise from 2010's figure of M$1.05tr to around M$2.88tr during the decade.
-
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.
-
Allianz Takaful and MedGulf have entered into a partnership for Bahrain and Qatar to develop their insurance platforms. To start the partnership, Allianz Takaful will transfer 75% of itself to MedGulf (Bahrain). In this new partnership, Allianz Takaful will continue to sell its whole range of takaful and insurance products in the market of Bahrain as well as life and health products in Qatar.
-
Sri Lanka-based Amana Takaful has lost director Hassan Ali Manik from its Maldives branch. The news comes shortly after the firm said it would launch 800,000 shares in an initial public offering on the Maldives Stock Exchange.
-
Global financial market volatility has been blamed for the decision last week to pull a debut sukuk in Hong Kong's dim sum market by Khazanah Nasional , the Malaysian state-owned fund.
-
Global financial market volatility has been blamed for the decision last week to pull a debut sukuk in Hong Kong's dim sum market by Khazanah Nasional , the Malaysian state-owned fund.