The Central Bank of Bahrain (CBB) has said its monthly issue of short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed 315 per cent.
The subscriptions worth BD63 million ($166.1 million) were received for the BD
Mobily, a leading telecom services provider in Saudi Arabia, has launched new roaming packages allowing subscribers to make and receive phone calls, send SMS and surfing the internet at competitive prices while travelling outside the kingdom.
National Bank of Kuwait’s Islamic KD Ijara Fund II was fully subscribed in the first day of its offering period with a fund size of KD30 million ($104.47 million).
The fund was launched in response to the increasing demand for NBK’s Ijara