All Stories: Islamic bonds

KARACHI: Government is set to launch $500 million in Islamic bonds to raise money for country's foreign exchange reserves, a senior official said Wednesday.

KARACHI: Bank Islami Pakistan, the country's second-largest full-fledged Islamic bank, has received regulatory approval to study the acquisition of KASB Bank Limited.

ISLAMABAD: Pakistan has mandated four banks to arrange fixed income investor meetings started Monday ahead of a potential issue of a U.S. dollar-denominated Islamic bond, a document from lead managers said on Sunday.

DUBAI: Dubai said Monday it has repaid $1.93 billion raised from Islamic bonds known as "sukuk" and renewed its commitment to pay back billions of dollars worth of debt on time.

ISLAMABAD: The Pakistani unit of Bahrain's Al Baraka Banking Group has raised 2 billion rupees ($19.5 million) via the country's first issuance of subordinated sukuk, or Islamic bonds, a bank official said.

JAKARTA: The Indonesian government raised $1.5 billion worth of Islamic bonds on Tuesday, attracting the largest order book ever achieved for a sovereign sukuk from southeast Asia, the finance ministry said.

ISLAMABAD: State Bank of Pakistan (SBP) will sell Rs.49.5 billion of Islamic bonds, the country's first such issuance in 15 months, with pricing to...