DEWA says no more sukuk for two years
In February, DEWA returned to global debt markets after an absence of more than two years with a $1 billion Islamic bond.
March 20, 2013 4:19
Emirates Airline launches $1 billion amortising sukuk
Dubai’s Emirates airline launched a $1-billion amortising Islamic bond on Tuesday, arranging banks said, at the tighter end of guidance….
March 12, 2013 4:44
Emirates Airline eyes 10-year amortising Sukuk issue
It has also issued two smaller export credit agency-backed deals this year to finance aircraft deliveries.
March 11, 2013 9:54
Dubai Islamic Bank To Boost Capital Through Sukuk Sale
Gulf banks are expected to comply with tighter Basel III global standards for core capital, which will be gradually introduced over coming years.
March 5, 2013 10:56
Secondary sukuk issue by Saudi’s Fransi
Banque Saudi Fransi , which is part-owned by Credit Agricole, will issue up to 2.5 billion riyals ($667 million) in secondary…
November 13, 2012 3:26
First Gulf company to issue hybrid sukuk
The instrument is expected to appeal mainly to international investors familiar with the structure, rather than investors within the Gulf.
November 7, 2012 11:43Saudi’s Almarai will issue private Sukuk
Almarai has been keen to expand its footprint outside its core presence in the Gulf region.
November 6, 2012 9:01
Qatar Islamic Bank raises $750 million from Sukuk
Ernst & Young estimates global outstanding demand for sukuk to total about $300 billion
October 3, 2012 5:52
DEWA eyes Sukuk issue in 2013 – CEO
DEWA, which was recently upgraded to investment-grade by ratings agency Moody's, will benefit from lower borrowing costs as a result, Al-Tayer said
September 24, 2012 11:30
Global sukuk supply less than half demand
Demand for sukuk projected to triple in five years; This year's issuance to set record but much smaller; E&Y says supply-demand gap could widen further; Awqaf are becoming major source of demand; Lack of intermediaries, common platform are constraints
September 9, 2012 11:49
Qatar Islamic bank plans $1.5 billion Sukuk programme
Qatar Islamic Bank (QIB) is planning a sukuk issuance programme of up to $1.5 billion, a company statement said on Wednesday. The bank will seek shareholder approval of the plan in a meeting on Sept. 16.
August 29, 2012 5:56
Role of professional real estate firms in Islamic banking
In the region there have been challenges to Islamic banking due to the slump in real estate, however, advocates say the system has built- in protection when compared with the conventional financial institutions as excessive risk taking is banned
August 7, 2012 8:18
INTERVIEW: End of Sukuk Premium
Salah Jaidah, head of Islamic finance at the bank and chief country officer for Qatar says Sukuk demand trend is not temporary
July 26, 2012 10:24
Cash-rich Islamic funds fuel wild Dubai sukuk rally
Dubai 2014 sukuk yield plunges 235 bps since February; Fundamental factors support a rally; But some think euphoria has gone too far; Liquidity temporarily boosted by maturities; Approach of Ramadan may be spurring purchases
July 18, 2012 5:24
Dar al-Arkan to repay all sukuk by end-2015
Dar to repay further 2.4 bln riyals debt by 2015; Does not plan to issue new sukuk this year; Expects at least 10 pct profit growth in Q3, Q4; Aims for over 10 pct growth in 2013; No impact from mortgage law this year
July 15, 2012 5:06
Dusting off the Emirates ID card
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Turkish Airlines Can Ride Out Turbulence
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Air Berlin doesn't need Etihad's help
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26