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Tag: sukuk

UAE standards board set to boost Dubai in global Islamic race

| 24/03/2015 | Reply
UAE standards board set to boost Dubai in global Islamic race

The UAE’s share of global Islamic assets, and growth of its Shariah-compliant banks, have lagged behind Malaysia and Saudi Arabia, according to a report from Moody’s.

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Saudi dairy firm Almarai sells $347m sukuk

| 02/04/2013 | Reply
Saudi dairy firm Almarai sells $347m sukuk

The issue, which has a floating interest rate, attracted orders worth SAR2.4bn from institutional investors inside Saudi Arabia, the statement said. The interest rate was not specified.

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