Business Blog

The malls unit of Dubai's Emaar Properties EMAR.DU is likely to issue 10-year sukuk this week, three sources with knowledge of the deal said, as the current environment makes it relatively easy to lock in longer-tenure funds at lower rates.

Emirates Steel has secured new credit facilities of USD 1.3 billion with 19 local and international banks without government guarantees.

Items marked ** denote new or amended listings TUESDAY, JUNE 10 KUWAIT - IFN Forum Kuwait Details: http://www.redmoneyevents.com/main/2014_IFNforum_KUWAIT.asp SUNDAY, JUNE 14 CHICAGO - Chicago Islamic Economic & Finance Conference Details:...

Sunday, June 8 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full IFG Briefing click here: bit.ly/1qb3njwTop Stories:Islamic Economy: Islamic credit cards and startup financing focus for EFICA 2014 (Page 3)Country:? Call for more private sector involve

The forum was part of the Knowledge Forum series sharing accounting practices and treatments that are exclusive to takaful

DUBAI, June 5 (Reuters) - Saudi Investment Bank 1030.SE (Saib) has completed a 2 billion riyal ($533.3 million) capital-boosting sukuk issue, it said on Thursday, the latest lender in the kingdom to offer such an instrument to enhance its reserves.The subordinated Islamic bond, which boosts Tier 2 supplementary capital, has a ten-year lifespan and includes an option for the bank to buy back the pa