Sukuk issuance in Saudi Arabia will pick up in 2012 after being buffeted by global economic worries, with a benchmark deal from a sovereign or large corporate name helping to drive momentum, the chief investment officer of NCB Capital said.
October 27, 2011 11:47
Despite builders possible taking provisions for discounted Nakheel sukuk and Sorouh’s possible good earnings, concerns on Abu Dhabi Aldar's funding woes may continue to keep overall property earnings down.
October 23, 2011 4:37
Noor Islamic Bank (Noor) has been mandated to arrange and lead manage more than $1.4 billion Islamic finance capital market deals in Turkey in the last 18 months, making it the most active UAE bank in the republic.
October 23, 2011 2:28
The $1 trillion global Islamic finance market still has a bright future, barring any sharp turns in the world’s economic crisis, with the Arab Spring pushing investors into Asia.
October 12, 2011 2:10
Tamweel says no issue of liquidity; Sukuk to be priced in dollars or Malaysian ringgit
September 28, 2011 2:28
Project Islamic bonds are expected to pick up steam in Saudi Arabia with the launch of the first project sukuk this month.
September 27, 2011 2:52
Chairman says 2011 profit to be in-line with last year; Second tranche of Islamic bond to be issued by year end; Nakheel has no further sukuk plans - chairman
September 27, 2011 1:15
Gulf Arab state Bahrain is planning to issue a $1 billion sovereign Islamic bond and has mandated three banks for the proposed sale, banking sources said.
September 27, 2011 11:14
Dubai World's property arm Nakheel said its planned Islamic bond, part of its $10.9 billion debt repayment proposal, has been delayed due to administrative reasons.
August 4, 2011 10:28
Kuwait's Gulf Investment Corporation (GIC) has issued 750 million ringgit ($253.5 million) of five-year sukuk at 4.90 percent, the deal's sole lead manager AmInvestment Bank said on Wednesday.
August 3, 2011 2:36
Stained by the debt crisis and shaky legal foundations, can bankers breathe new life into ailing global Shari’a banking sector?
June 7, 2011 12:06
HSBC seeks to tap demand for Islamic debt; Sukuk priced in line with guidance
May 29, 2011 9:44
HSBC ME may join the ranks of Sharjah Islamic Bank and Islamic Devt Bank as it looks at potential sukuk issue, after having raised $500 million from a 5-year bond issue in October 2010.
May 24, 2011 9:58
Order books are above $2 billion - document; Pricing on sukuk seen at 287.5 bps over midswaps
May 18, 2011 3:40
While protestors are raging in several Middle Eastern capitals demanding political and economic reforms, regime changes and an end to corruption, there’s been speculation on the impact on Islamic finance.
March 31, 2011 4:51