Business Blog

Islamic Corporation for the Development of the Private Sector (ICD) has launched a USD 300 million five-year sukuk that should price later on Wednesday, a document from lead managers showed.

Growth of Saudi Arabia's non oil private sector accelerated in March.

Egypt's Financial Supervisory Authority detailed regulations on Tuesday for the issuance of covered bonds.

Oman's central bank will allow banks to count Treasury bills, government development bonds and government sukuk towards their reserve requirements.

JAKARTA, April 5 (Reuters) - Indonesia&aposs finance ministry sold INR5.79 trillion (USD438.14 million) of Islamic bonds at an auction.

Islamic Corporation for the Development of the Private Sector (ICD) has announced initial price thoughts for a five-year sukuk issue of benchmark size which it plans to price as early as Tuesday.