Monday 14 July 2014
 
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securitisation

Tamweel issues price guidance for securitisation

Tamweel, 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

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Gulf securitisations could be worth $250bn

Gulf Arab firms could raise as much as $250 billion in asset-backed securities by 2010 to meet surging demand for property and infrastructure finance, the Dubai International Financial Centre (DIFC) said. About $2.5 billion of mortgage- an

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