Business Blog

New Sharia-compliant property deal offers additional security

Gatehouse Bank, an investment bank specialising in Sharia- compliant products, is marketing a new CMBS-style transaction backed by the rental cashflow from a Paris office property.

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GLOBAL MARKETS-Europe holds on to ECB hope, shrugs off China slump

* European shares hit 7-yr high, bond yields new lows* Europe gears up for ECB, Greek election* Chinese shares plunge 7.7 percentBy Jamie McGeeverLONDON, Jan 19 (Reuters) - European stocks and bonds rose on Monday as investors shrugged off the steepest fall in Chinese shares for over six years and bet the European Central Bank will unveil a bond-buying economic stimulus package later this week.Ant
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Malaysia Islamic finance body IILM re-issues USD860m sukuk

Malaysia-based International Islamic Liquidity Management Corp (IILM) has reissued USD860 million worth of three-month Islamic bonds (sukuks), the organisation said.
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Malaysia Islamic finance body IILM re-issues USD860m sukuk

Malaysia-based International Islamic Liquidity Management Corp (IILM) has reissued USD860 million worth of three-month Islamic bonds (sukuks), the organisation said.

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Egypt's pound hits weakest level second day running - central bank

CAIRO, Jan 19 (Reuters) - Egypt's pound EGP= weakened to 7.24 per dollar from 7.19 at a central bank auction on Monday, the weakest level it has been allowed to reach since auctions began in December 2012 and the second official depreciation this...
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Egypt's pound hits weakest level second day running - central bank

CAIRO, Jan 19 (Reuters) - Egypt's pound EGP= weakened to 7.24 per dollar from 7.19 at a central bank auction on Monday, the weakest level it has been allowed to reach since auctions began in December 2012 and the second official depreciation this...

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