blogs.mubashir.info - Boubyan Bank to sell part of its stake: Boubyan Bank has signed a contract to sell part of its ~25% stake in Bank Muamalat Indonesia for KWD9.6mn. The bank expects to gain KWD5.7mn from this sale, which it plans to use to create additional allocations and to strengthen its financial position. (Zawya) (source)
Showing posts with label ncb capital. Show all posts
Showing posts with label ncb capital. Show all posts
Saturday, April 28, 2012
Tuesday, September 28, 2010
CAPITAL MARKETS - SUKUK - Soaring Sukuk - Indonesia
According to KFH Research and NCB Capital, there seemed to be a recovery in the growth of the total value of Sukuk issuance in 2009 and during the first half of this year. KFH Research expects the Sukuk market to maintain its vitality during 2010 and for the foreseeable future. It said that the most important factors that will drive this are stimulus programmes, huge government expenditures and government initiatives that will enforce and develop Sukuk as well as the increasing popularity of Shari'ah-compliant products.
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