Sukuk News
Saudi Electricity to raise $1.87b through sukuk sale - June 21, 2009 (GulfNews)
Saudi Electricity Co, the state- controlled power producer, may raise as much as $1.87 billion (Dh6.86 billion)more..
Markets seek common sukuk forms as debt sale divides - June 24 2009 (guardian.co.uk)
The sale of debt to third parties, especially through multiple securitisations, has been blamed for fueling the worst global financial crisis in generations. more..
IDB plans $6bn Sukuk in 5 years - 25 June 2009 (Zawya)
The Islamic Development Bank (IDB) plans to issue $6 billion worth of Sukuk over the next five years in order to finance its programs,more..
VTB Will Sell 3 Islamic Bonds - 22 June 2009 (The Moscow Times)
VTB Capital said Sunday that it has mandates to manage the sale of at least three Islamic bonds for Russian companies,more..
VTB To Launch Russia's 1st Sukuk In 4Q, Tap Gulf Money - Exec - JUNE 21, 2009 (Zawya Dow Jones)
Russia will get its first corporate Sukuk or Islamic bond this year, in an effort to attract oil-rich Gulf investors to the country, more..
VTB Capital To Tap Opportunities In Gulf Region - 21-June-2009 (Banking Business Review)
VTB has plans to foray into the Gulf retail banking market as it offered ample opportunities for international firms. more..
Top Russian investment bank begins Dubai operations - June 21, 2009 (GulfNews)
Russian corporates looking to gain a foothold in the Gulf market and access to capital, more..
Islamic Finance Key to Asian Revival, Kuwait Finance House Says - July 29, 2009 (Bloomberg)
Islamic finance will play a central role in reviving Asian economies as investors look to emerging markets to deliver higher returns, more..
Malaysia's Petronas planning dlr bond -source - Jul 28, 2009 (Reuters)
Malaysian state oil company Petronas [PET.UL] has hired Morgan Stanley, more..
CMH To Unlock Vast Potential In Islamic Financial Industry - July 28 (Bernama)
Commodity Murabahah House (CMH), the Syariah based commodity trading platform is expected, more..
ANALYSIS-Saudi corp bond market needs sovereign, new laws - July 23 (Reuters)
Saudi Arabia's first corporate bond market is unlikely to become a success without a sovereign bond and the removal of legal obstacles, more..
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