Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Borrowing costs for Gulf issuers are already falling since Sunday's announcement
Bank and corporate issuance from the country has surged in 2026
Bank's $1bn sukuk continues the AT1 deluge despite resumption of air strikes
More articles/Ad
More articles/Ad
More articles
-
NCB has been supporting Tibah consortium for Madina International Airport. Besides providing bulk of financing, NCB is the Islamic Structuring Bank in this landmark deal. This is the first Islamically structured International Airport financing in the world. Shari’ah compliant financing is primarily asset-based. However critical infrastructure such as airports are essentially owned by governments. The private entities only receive development and operating rights for a finite period. This made the Islamic structuring all the more challenging. Despite these constraints, an unprecedented structure is designed to ensure its compliance with shariah and maintaining the project’s bankability for the sponsors at the same time
-
International sukuk issuance may have stopped for the Middle East summer and the Islamic observance of Ramadan, but investors said that a big pipeline of deals is likely to flow soon. UAE sovereign-related sukuk are rumoured to be on the way, including a potential Abu Dhabi government deal.
-
Bahrain – 7 August 2012: United Gulf Bank B.S.C. (c) (UGB), the asset management and investment banking platform of the KIPCO Group, today announced a net profit of US$ 16.5 million for the six months ended 30 June, 2012 – a 24% increase over same period last year.
-
Bahrain Mumtalakat Holding, the investment arm for Bahrain's non-oil and gas commercial assets, is lining up roadshows in Kuala Lumpur. The sovereign wealth fund is looking to establish a MR3bn ($952.3m) murabaha sukuk programme despite having said only recently that it had no plans to issue new debt. CIMB and Standard Chartered will act as joint leads for the sale.
-
Clifford Chance has advised CIMB Bank (L) Limited, HSBC Amanah Malaysia Berhad and Merrill Lynch (Singapore) Pte. Ltd. as Joint Lead Arrangers and CIMB Bank (L) Limited, The Hong kong and Shanghai Banking Corporation Limited and Merrill Lynch (Singapore) Pte. Ltd. as Dealers on the establishment by Axiata Group Berhad, through its wholly owned subsidiary, Axiata SPV2 Berhad, of an innovative USD 1.5 billion Sukuk Issuance Programme approved by the Securities Commission Malaysia. The landmark Sukuk Issuance Programme is the Asia Pacific Region’s first internationally rated multi-currency Sukuk issuance programme.