Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Tight price and strong book reported as market awaits geographic breakdown
Flood of AT1s expected to follow the first public trade from the Gulf in over two months
Announcements could come as early as Monday, the two month anniversary of the last public GCC trades
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
-
Law firm Charles Russell has created an Islamic finance team in Bahrain with two hires.
-
Bank of London and Middle East has agreed a $15m five year murabaha facility for Virgin Mobile Middle East and Africa (VMMEA), the holding company for Virgin Mobile’s expansion into the Middle East and Africa.
-
Turkey has endured a year of turmoil since the Gezi Park protests and a prolonged emerging market sell-off derailed its economic boom. But even as protesters and police mark the anniversary with another splash of teargas, Halkbank’s result last week shows Turkey’s banks have a prime opportunity to return to the bond market and underscore the country’s strong recovery. Banks thinking of waiting for the third quarter might do well to come now. -
Kuveyt Turk looks set to become the second Turkish participation bank of the year to bring a dollar sukuk, having applied to the country’s Capital Markets Board to issue up to $500m to foreign investors.
-
Halkbank this week led a revival in Turkish bank issuance, reported GlobalCapital, selling the first paper since April and the third deal of the year so far from the sector, while Vakifbank announced plans for a euro roadshow.
-
Khaled Al Faikh has left his job as secretary general of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).
