Saudi Arabia made its first offer of riyal-denominated sukuk, or Islamic bonds, in late July.
Business Blog
Here are some factors that may affect Middle East stock markets on Wednesday.
Investors in Dana Gas's $700million Islamic bond are likely to have to repay the company a "significant" amount.
The $200 million of private sukuk, due in May 2022, were priced at a 4.991 percent.
The company, which has taken out bank loans over the past few years to back its flagship development in Mecca, may start issuing the Islamic bonds over the next few months: sources
Jordan has asked banks to submit proposals to arrange a U.S. dollar conventional or Islamic bond issue.