Islamic Finance MENA Edition
Latest News
Dubai Islamic Bank completes Noor Bank acquisition
Transaction to create an entity with combined assets of over $75bln
Shuaa Capital leads issuance of GFH Financial Group $300mln sukuk
The sale of the sukuk, held January 21, was more than twice oversubscribed, with orders of over $700mln
Bahrain's Mumtalakat receives $4bln orders for $500mln sukuk
The company did not expect such demand on its sukuk, Al Rumaihi said, adding that the sukuk’s yield stood at 4.25%
Fitch rates Mumtalakat's $500mln Senior Unsecured Sukuk at 'BB-'
Fitch understands that the proceeds will be used for general corporate purposes.
Bahrain's GFH to raise $300mln with sukuk
The issuer is rated B by S&P and Fitch
Faisal Islamic Bank's volume of business up 14% in December 2019
The bank accounts reached 1.727mln by the end of December 2019.
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