Qatar sets price guidance for key sukukQatar has set initial profit guidance on the sale of its two-tranche benchmark sukuk (Islamic bond), lead arrangers said on Tuesday. The Gulf state set initial guidance of 135 basis points over mid-swaps for the five-year tranche, and 175 More… |
Tamweel issues price guidance for securitisationTamweel, a unit of Dubai Islamic Bank, plans to sell a $235 million sharia-compliant asset-backed securitisation, arranging banks said on Tuesday. The Islamic instrument, due 2046 but callable after five years in July 2017, is seen pricing More… |
Major Islamic finance standards issuedAccounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has issued two new accounting standards and one new accounting guidance note. Issuance of the new accounting standards and guidance note was approved by AAOIF More… |
Dewa sets Islamic bond price guidanceDubai Electricity and Water Authority (Dewa) has set initial price guidance for its Islamic bond at between 100 basis points to 125 basis points over six-month Emirates Interbank Offered Rate, two bankers said. The state-owned utility is r More… |








