Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Europe's corporate bond market braces for US tech issuance surge ◆ Canada makes move for EU regs equivalence but to what end? ◆ Middle East private placements here to stay... but will take up less room
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
More articles/Ad
More articles/Ad
More articles
-
Islamic banks in the GCC are likely to grow faster than their conventional counterparts and increase their share of regional banking assets, said Standard & Poor's on Tuesday. But profitability rates for the two banking models are converging as Islamic banks are taking more of a hit from lower interest rates and non-core banking revenues than their conventional peers, the rating agency added.
-
Abu Dhabi bank Al Hilal drew a $6.3bn book as it priced a $500m five year debut sukuk at 170bp over mid-swaps, inside the 190bp guidance it gave on Monday.
-
Almarai has sold SR1.7bn ($453m) of perpetual tier one sukuk – the first deal of its kind from a Gulf corporate borrower.
-
The government of Ras Al Khaimah (RAK) will begin a roadshow on Wednesday for a dollar denominated sukuk.
-
Garanti Bank has debuted in an emerging market currency for the second time this month, while National Bank of Abu Dhabi added to a record breaking year of euro commercial paper issuance with sterling and dollar deals.
-
Saudi Arabian Jouf Cement Company has signed a Sr400m ($106.7m) Islamic finance facility.