Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Sovereign bond print went ahead despite missile and drone attacks just before pricing
Books on the dollar deal opened just hours after Iran attacked the country
Israeli issuer called its previous tier two early last year
The investment vehicle, led by BlackRock, will issue more bonds in future
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Cairo based financial group Naeem Holding has teamed up with IdealRatings to construct a real-time Shariah compliant Egyptian stock index.
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Emirates Islamic Bank has hired market veteran Yakub Bobat as its head of corporate banking.
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Kuwait Foreign Petroleum Co (Kufpec) has signed its long awaited $750m five year loan. A two month delay did nothing to damage to deal, which enjoyed massive oversubscription that led to banks being allocated only half of their commitments.
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The International Islamic Liquidity Management Corp has attracted criticism for delays in getting its programme of short dated sukuk underway. But IILM’s project must not be rushed if it is to achieve the success the Islamic market badly needs.
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Mawarid Finance, based in Dubai, has teamed up with MasterCard to launch Shariah-compliant credit cards.
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Omani oil and gas contracting firm Renaissance has completed the second and final phase of its OR200.5m ($521.3m) refinancing programme.