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
-
Turkish Islamic bank Kuveyt Turk has sent out an invitation letter to loans bankers for a murabaha facility. This is the first time the bank has come to the loan market since 2009.
-
Bahrain based investment house Arcapita has emerged from Chapter 11 bankruptcy protection and plans to issue a $550m perpetual sukuk.
-
Dubai Islamic Bank has settled all Dh4bn of Tamweel’s bilateral liabilities two years of their scheduled maturity, the bank said on Wednesday.
-
Turkish Islamic bank Al Baraka Turk has signed an oversubscribed $430m murabaha financing after launching the deal into syndication at $250m.
-
There is growing concern that Islamic banking products and services are too closely replicating those of conventional finance, delegates to a London event said this week. The criticism comes despite Shariah law’s ban on riba (interest), gharar (uncertainty from speculation and excessive risk-taking) and maysar (gambling).
-
Dubai's reputation in the capital markets has taken another step towards redemption after state-owned firm Dubai Holding Investment Group (DHIG) restructured a $1.2bn loan to extend the payment to 2020.