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Private placements may have hung around much longer than first expected but their dominance may be at an end
Sukuk volumes much slimmer this year
Deal the first Kuwaiti Sharia-compliant transaction closed with Chinese banks
Tight spreads may tempt issuers even if all-in yields are higher than earlier in 2026
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Law firm Norton Rose Fulbright has made senior corporate partner David Baylis head of corporate, mergers and acquisitions and securities in the Middle East, a new job at the firm.
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Predicting volume for sukuk can be more difficult than for emerging market bonds, given the sukuk market is still in a nascent stage and many issuers are coming to the asset class for the first time. It is widely expected, however, that dollar sukuk issuance will surpass this year’s figure in 2014.
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Law firm Norton Rose Fulbright has made senior corporate partner David Baylis head of corporate, mergers and acquisitions and securities in the Middle East, a new job at the firm.
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The Islamic Financial Services Board has named its chairman and deputy for the coming year, added six members to its organisation and adopted two new standards for the Islamic financial services industry.
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Takaful Oman Insurance has raised OR4m ($10.4m) through its initial public offering.
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The UK government is in discussions with the Turkish treasury, among other countries, as it targets next financial year for its debut £200m sukuk.