Bahrain will attempt to tap international investors during roadshows later this month for a benchmark-sized, dollar-denominated Islamic bond.
Investor meetings will start after next week's Eid Al-Adha holiday, taking place simultaneously i
National Bank of Kuwait has launched its 'Islamic KD Ijara Fund II', which will offer private banking clients an investment product that generates monthly income of 6.25 per cent throughout the fund’s term.
The fund is the eighteen
Kuwait Finance House – Bahrain (KFH-Bahrain) had played a major role in arranging a five year $140 million syndicated Ijara facility for Bahrain Mumtalakat Holding Company, the investment arm of the Government of Bahrain.
The bank was the
Al Jaber Group, one of the leading business groups in the UAE, announced today that it has successfully closed a $400 million (Dh1.47 billion) syndicated loan facility.
The facility will support the ongoing growth of the group including th
Sakana Holistic Housing Solutions has reduced its base rate by 0.50 per cent (50 basis points) effective today (February 14, 2008), taking its new benchmark financing rate to 8.5 per cent per annum on a reducing balance basis.
This is part
National Bank of Kuwait has launched the ninth edition of its Ijara series - Islamic Ijara Fund IX.
The launch of the fund, which is one of the most popular Islamic investments, will offer private banking clients an investment product that
Injazzat Real Estate Development Company has announced the successful closing of its $60 million sukuk offering.
The sukuk, which has an Ijara structure, has a tenor of five years and earns a profit rate of Libor +125 basis points.