A template for an over-the-counter Islamic derivative contract was launched on Monday, offering a channel for the emerging industry to better hedge itself against risks.
Rapid growth among Saudi Arabia's Islamic insurers will benefit the domestic bond market but bypass dollardenominated issues due to regulations that keep insurers' investment close to home, experts and executives said.
Cecilia Valente and Frederik Richter reported 10 February on Reuters, that Western companies, especially in the UK and France, are considering issuing Sukuk to tap Middle Eastern investors.
Frederik Richter reported on Arabianbusiness on 1 February that Gulf Finance House is looking for acquisitions of undervalued assets in the region.
Deputy Chief Executive Mehran Jamsheer was cited.