Tagged: Emirates NBD Capital

Albaraka Türk secures $250m funding

Albaraka Türk secures $250m funding

Albaraka Türk has authorized a number of leading banks to arrange a a $250 million dual-currency syndicated finance facility. This facility shall be used for the expansion of Albaraka Türk’s financing activities in Turkey. The tenor of the facility i…

EIB completes issuance of $500m sukuk certificates

EIB completes issuance of $500m sukuk certificates

Emirates Islamic Bank (EIB) has successfully ended the issuance of $500 million sukuk certificates, maturing in 2017 off their $1,000 million Trust Certificate Issuance Programme. The programme is guaranteed by Emirates NBD rated A3 by Moody’s and A+ b…

Sukuk rising – along with pricing

Sukuk rising – along with pricing

The upturn in the global Sukuk market that has been forseen for the past few years doesn’t seem to happen – but for all the wrong reasons. Nowadays corporates and banks are issuing because they need the money.
Citi, Emirates NBD Capital, HSBC, NBAD, …