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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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The Securities and Exchange Commission of Pakistan (SECP) has devised a roadmap for restructuring and reorganising the country’s Islamic capital market.
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Malaysian company Taliworks, which focusses mainly on water treatment, supply and distribution, has received approval to issue its first ever sukuk.
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The Securities and Exchange Commission of Pakistan (SECP) has devised a roadmap for restructuring and reorganising the country’s Islamic capital market.
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Cititower, a joint venture construction project between Malaysian KLCC Group and Qatari-owned QD Asia Pacific, has signed a 20 year RM3.2bn ($862.4m) Islamic loan
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Ooredoo, formerly known as Qatar Telecom, is wrapping up a $500m Shariah-compliant five year revolving credit facility, say bankers involved in the deal.
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Central Bank of Bahrain has launched a new wakala instrument, aimed at absorbing excess liquidity among local Islamic banks, an official at the central bank told IFIS.