Sukuk

Most recent

• Islamic finance steps up

  Natsuko Waki looks at why governments in the Middle East and Asia are taking on a greater role to deepen Islamic finance markets.

  Sector: Banking & Finance, Financial Markets, Islamic Finance

Saturday, 7 November 2009

• Dubai’s debt move

  Investors anxiously await the fate of Nakheel’s $3.5bn sukuk, & the next installment of Dubai’s $10bn bailout fund.

  Sector: Banking & Finance, Islamic Finance

Thursday, 29 October 2009

• Choosing Islamic finance

  Why gov'ts in Muslim nations in the Middle East and Asia are increasingly turning to Islamic finance to raise funds.

  Sector: Islamic Finance

Monday, 15 June 2009

• Shuaa Capital seeks to enter sukuk market

  Dubai-based investment bank plans to sell the Islamic bonds issued by Saudi firm.

  Sector: Islamic Finance

Friday, 10 April 2009

• Sukuk pricing distorted by thin secondary market

  Companies keen to tap the Islamic debt markets are staying on the sidelines, amid fears the illiquidity of the sukuk market could distort the pricing of new issues.

  Sector: Banking & Finance, Financial Markets

Tuesday, 30 December 2008

• Saudi Hollandi completes $207mn sukuk sale

  Islamic bond issue has ten-year maturity, priced at 200bps above Saudi interbank rate. 

  Sector: Banking & Finance, Islamic Finance

Monday, 24 November 2008

• Global sukuk market seen dormant until mid '09

  Local banks supportive but 'don't have the balance sheet', says senior banker.

  Sector: Banking & Finance, Islamic Finance

Tuesday, 28 October 2008

• Islamic bond market 'wrecked' by critical remarks

  New issues fall to $14bn this year from $50bn after Bahrain-based sheilkh's ruling.

  Sector: Banking & Finance, Islamic Finance

Sunday, 19 October 2008

• Saudi developer Al-Oula to raise $800mn via sukuk

  Two-year timetable to obtain credit rating and finance expansion plans.

  Sector: Real Estate, Islamic Finance

Wednesday, 8 October 2008

• West turning to sukuk as debt markets dry up

  ASEAN secretary general says appeal of Islamic bonds growing as credit crisis worsens.

  Sector: Banking & Finance, Financial Markets, Islamic Finance

Tuesday, 7 October 2008

• Kuwait's Dar closes 1st part of $400mn Islamic loan

  Three-year $150mn deal for Aston Martin part-owner backed by Saudi, Oman banks.

  Sector: Banking & Finance, Islamic Finance

Sunday, 28 September 2008

• Unicorn Investment Bank buys Bahrain Financing Co

  Has $2bn to spend in Gulf, Europe and Southeast Asia, eyes $1.5bn Islamic bonds.

  Sector: Banking & Finance, Islamic Finance

Wednesday, 24 September 2008

• Dubai Bank plans $5bn Islamic bond programme

  State-owned bank initially seeking $500mn as first stage in becoming global lender.

  Sector: Banking & Finance, Islamic Finance

Wednesday, 10 September 2008

• Deyaar to issue $1.3bn sukuk for expansion plan

  EXCLUSIVE: Developer to tap debt markets to fund aggressive move into new growth areas.

  Sector: Real Estate, Islamic Finance

Tuesday, 9 September 2008

• Dubai's ICD launches $6bn loan

  Banks to provide conventional and Islamic funding, amid awareness of rising exposure to Dubai Inc.

  Sector: Banking & Finance, Financial Markets, Islamic Finance
• Sukuk market tanks as global downturn bites

  Total value of issuances drops almost 40% year-on-year in first eight months of 2008.

  Sector: Banking & Finance, Financial Markets, Islamic Finance

Wednesday, 3 September 2008

• Saudi developer Dar Al-Arkan eyes bonus share sukuk

  Bonus share issue of $480mn will raise company's capital by a third.

  Sector: Financial Markets, Real Estate, Islamic Finance

Wednesday, 27 August 2008

• Qatar Islamic says bonds among financing options

  Need to refinance bridge-financing will still depend on market conditions.

  Sector: Banking & Finance, Islamic Finance
• Damac's Kuwait unit considering $67mn bond issue

  Company has said it is interested in buying stakes in other Middle East firms.

  Sector: Banking & Finance, Real Estate, Islamic Finance

Wednesday, 20 August 2008

• Dubai's GMMOS in $46mn in sharia- compliant loan

  Ship-finance loan jointly arranged by Standard Chartered and Noor Islamic Bank.

  Sector: Banking & Finance, Islamic Finance

MIDDLE EAST MARKETS DATA

• Abu Dhabi Securities Exchange
• Amman Stock Exchange
• Bahrain Stock Exchange
• Beirut Stock Exchange
• DFM General Index
• Kuwait Stock Exchange
• Muscat Securities Market
• Qatar Exchange