Binghatti gets solid investor response for debut $300m bondLeading Dubai developer Binghatti, said it has achieved a significant milestone with the successful launch of its inaugural $300 million three-year sukuk issuance. Priced competitively at 9.625%, the Islamic bond experienced a tightening of 30 More… |
Abhi becomes Menap’s first fintech to issue Islamic bondsAbhi, a growing embedded finance platform in the Menap region, has announced it has made history by issuing Islamic bonds worth $7.1 million. The bond issuance is a significant milestone for both Abhi, and the region, as no other Fintech in th More… |
GFH wins investors' approval for $500m sukukBahrain-based GFH Financial Group said it has won approval from shareholders to issue sukuks (Islamic bonds) worth $500 million in one or more issuances, subject to obtaining relevant regulatory approvals. The announcement was mad More… |
GFH wins investors' approval for $500m sukukBahrain-based GFH Financial Group said it has won approval from shareholders to issue sukuks (Islamic bonds) worth $500 million in one or more issuances, subject to obtaining relevant regulatory approvals. The announcement was mad More… |
Aldar investment unit announces $500m sukukAldar Investment Properties, a fully-owned subsidiary of UAE-based developer Aldar, has announced the successful placement of fixed-rate US dollar-denominated sukuk (Islamic bond) with a tenor of 10 years for a nominal amount of $500 million. More… |
Emaar picks banks for 10-year dollar Islamic bondLeading UAE developer Emaar Properties said on Tuesday that it has appointed a group of local and international banks to market a 10-year dollar sukuk, which is part of its $2-billion trust certificate issuance programme. Standard More… |
Dar Al Arkan set to redeem $400m Islamic bondSaudi Arabia’s Dar Al Arkan Real Estate Development Company said it aims to redeem its $400-million sukuk (Islamic bond) by using internal cash reserves. The sukuk, listed on Irish Stock Exchange an More… |
Dana Gas reaches deal on $700m sukuk restructuringDana Gas, the Middle East's largest regional natural gas company, said it has reached an agreement with key holders of $700 million of its Islamic bonds to restructure the securities, in what is possibly seen as an end to a legal battl More… |
Dana Gas reaches deal on $700m sukuk restructuringDana Gas, the Middle East's largest regional natural gas company, said it has reached an agreement with key holders of $700 million of its Islamic bonds to restructure the securities, in what is possibly seen as an end to a legal battl More… |
Saudi real estate group set for $1bn debut sukuk issueSalman Abdullah Bin Saedan Real Estate Group (Saedan), a leading developer in Saudi Arabia, is gearing up for its debut issuance of Islamic bonds, the first tranche of a $1-billion sukuk, said Bahrain-based Ibdar Bank which is arranging the sale More… |