Tagged: AL BARAKA BANK EGYPT ESC

Majid Al Futtaim, Albaraka, Asya Katilim: Islamic Bond Alert

Islamic Finance

2011-10-27

Majid Al Futtaim, Albaraka, Asya Katilim: Islamic Bond Alert

The following borrowers are anticipated to sell Islamic bonds, which use asset returns to pay investors to acceed with the religion’s ban on interest: MAJID AL FUTTAIM HOLDING LLC, ALBARAKA TURK KATILIM BANKASI AS (ALBRK), ASYA KATILIM BANKASI AS (AS…

Egypt to Issue Sukuk Rules in 2011 to Compete With Gulf: Islamic Finance

Islamic Finance

2010-10-11

Egypt to Issue Sukuk Rules in 2011 to Compete With Gulf: Islamic Finance

Egypt, home to the Arab world’s largest Muslim population, will issue its first Islamic debt guidelines in 2011 to catch up with the Persian Gulf and Southeast Asia and help spur sales.
Al Baraka Bank Egypt ESC, a Cairo unit of Bahrain-based Islamic …

AL BARAKA BANK EGYPT ESC plans Sukuk in 2011

Islamic Finance

2010-10-06

AL BARAKA BANK EGYPT ESC plans Sukuk in 2011

AL BARAKA BANK EGYPT ESC, a unit of Bahrain-based Albaraka Banking Group, may sell dollar-denominated Islamic bonds in the second half of 2011, the bank’s chairman said Sept. 29. The bank has not decided on the size of the bond, he said.

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