Business Blog

The Islamic unit of Bank Muscat , Oman's largest lender, plans to tap the Islamic bond market in the first quarter of next year, in what would be the first sukuk sale by a bank in the country, a bank official said on Wednesday.

The Islamic unit of Bank Muscat , Oman's largest lender, plans to tap the Islamic bond market in the first quarter of next year, in what would be the first sukuk sale by a bank in the country, a bank official said on Wednesday.

KUALA LUMPUR, Oct 29 (Reuters) - Temasek Ekslusif, a wholly-owned unit of Malaysian developer Gamuda Bhd GAMU.KL , will raise up to 1 billion Malaysian ringgit with Islamic bonds, ratings agency RAM Ratings said in a statement on Wednesday.Temasek Ekslusif plans to establish a 30-year medium term notes programme and a 7-year commercial papers programme, to RAM assigned a rating of AA3.RAM said Gam

KUALA LUMPUR, Oct 29 (Reuters) - Temasek Ekslusif, a wholly-owned unit of Malaysian developer Gamuda Bhd GAMU.KL , will raise up to 1 billion Malaysian ringgit with Islamic bonds, ratings agency RAM Ratings said in a statement on Wednesday.Temasek Ekslusif plans to establish a 30-year medium term notes programme and a 7-year commercial papers programme, to RAM assigned a rating of AA3.RAM said Gam

London's Battersea Power Station redevelopment project has secured a sharia-compliant syndicated loan of GBP 467 million, a step towards developing Britain as an Islamic finance centre.

London's Battersea Power Station redevelopment project has secured a sharia-compliant syndicated loan of GBP 467 million, a step towards developing Britain as an Islamic finance centre.