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The Republic of Indonesia is considering a US dollar sukuk offering that could include the first offshore green bond from an Asian sovereign.
The joint bookrunners are Abu Dhabi Islamic Bank, CIMB, Citigroup, Dubai Islamic Bank and HSBC.
RoI is issuing the proposed 144A/Reg S offering under its US$25 billion trust certificate issuance programme. Part of the offering will be sold under the sovereign's green sukuk framework.
The sukuk maturities are expected to be of five and 10 years. Poland was the first sovereign issuer of green bonds, followed by France and Fiji. In Asia, Hong Kong also plans to issue green bonds.
Abu Dhabi Islamic Bank (ADIB) UK has arranged and structured a Sharia-compliant transaction to finance the acquisition of the UK based Lateral House for Dh118.2 million on behalf of an Abu Dhabi-base
Abu Dhabi Islamic Bank (ADIB), the emirate’s biggest Sharia-compliant lender, arranged structured Islamic financing for the acquisition of an office property in the UK on behalf of a client in Saudi
Abu Dhabi Islamic Bank (ADIB) today reported a record net profit of Dh2.3 billion ($626.2 million) for the year ended December 31, 2017, up 17.7 per cent from 2016, driven by higher income from fees,
Bahrain’s Investcorp slipped into a $165 million loss for the 12 months ended June 30, against profits of $131 million a year ago.
The COVID-19 played its part in the loss, as fee income c
Aramex, a leading provider of logistics and transportation solutions, has registered a 4 per cent growth in its revenues for the second quarter which surged to hit AED1.32 billion ($359 million), com
Abu Dhabi based investment company Waha Capital recorded a net loss of Dh27.2 million - attributable to shareholders - for the first six months of 2020, an improvement on the Dh124.38 million it rec
First Abu Dhabi Bank (FAB), recently announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25 billion five-year issuance.
The Gulf Today
UAE's leading telecom services operator Etisalat Group has announced that the interim dividend of 15 fils per share for the second quarter will be paid out starting from August 11 through the First A