Sun, Dec 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Bahraini Islamic bank expands in western way

Posted on 09 October 2009

From Thepeninsulaqatar.com: Unicorn plans to spend $1bn on acquiring other institutions in the Gulf, Europe and Asia and has raised about $220m of capital to this end. It is preparing to launch a sukuk, or Islamic bond, in Saudi Arabia in the fourth quarter .

Details of the latest sukuk have yet to be worked out, says Mr Refai, though he was reported in April as saying that the bank was planning a $425m sharia -compliant bond to fund its expansion plans………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031