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Dubai's DMCC launches Islamic Commodity

Dubai hosts first Islamic commodity trade

DMCC, Dubai's government-owned commodities centre, hopes the maiden transaction encourages others to follow, says executive chairman Ahmed Bin Sulayem

March 26, 2013 1:57
 
Dubais-DIFC-investment-gets-1.04-billion-loan-to-repay-Islamic-bond

Dubai Emirates Islamic picks banks for benchmark USD bond

Dubai's Emirates Islamic Bank, a unit of Emirates NBD, has picked banks for a potential benchmark-sized dollar sukuk, or Islamic bond, lead arrangers said on Tuesday.

July 4, 2012 11:07
 
UAE's Dana gas shuffles board amid debt talks

UAE’s Dana Gas shuffles board amid debt talks

Sharjah-based Dana Gas, the energy firm which has a $1 billion Islamic bond, or sukuk, due in October, has appointed a new chairman, it said in a bourse filing on Sunday.

June 10, 2012 5:50
 
Dubai JAFZA

Dubai JAFZA to raise $1.85 billion for redemption

The source, who declined to be named ahead of any official announcement, said JAFZA aimed to raise $650 million from the new sukuk and $1.2 billion from the Islamic facility.

June 6, 2012 12:08
 
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