Middle East Stock Market

GulfNewsSukuk Beaten by Emerging Debt for Fourth Month: Islamic FinanceBusinessWeekShariah-compliant notes rose 1.4 percent last month, down from 2.6 percent in July, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. …Dubai Private Equity Inv…

Dubai Private Equity Invests in Europe With First Sukuk: Islamic FinanceBloomberg1, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. It has narrowed 87 basis points this year. Islamic bonds have returned 10.2 percent this year, …and more&nbs…

Damas Transfers 20 Million Shares to Amwal as Part of SettlementBusinessWeek19 at a price of 16 cents a share and a value of $3.2 million, Damas said in a statement to Nasdaq Dubai today. Amwal's shareholding in the company …

Kuveyt Turk Plans Second Sukuk as Market Grows: Islamic FinanceBusinessWeek27, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. Islamic bonds, which are based on the exchange of asset flows rather than interest, …and more »

Depa acquires Design Studio in SingaporeZawya (press release)DepaDepa is listed on the NASDAQ Dubai (ticker DEPA) and has Global Depositary Receipts on the regulated market for listed securities of the London Stock …and more »

Asian Dollar Sukuk Relative Yield Slumps on US Slowdown: Islamic FinanceBloomberg… of asset flows to comply with the religion's ban on interest, returned 10 percent this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. …and more&…

Korea Reviving Sukuk Bill Scuttled by Christian Leaders: Islamic FinanceBloomberg… 3.7 percent this quarter, beating a 0.8 percent gain in the three months ended June 30, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. …and more »

ArabianBusiness.comAfghanistan Opening First Shariah-Based Banks: Islamic FinanceBusinessWeekShariah-compliant bonds returned 10 percent this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index, while debt in developing markets gained 13 ……

Repos for Sukuk Planned to Expand Shariah Market Trading: Islamic FinanceBloomberg… 0.08 percentage point, yesterday to 391. The spread has shrunk 76 basis points so far this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index.and more&nbs…

Repos for Sukuk Planned to Expand Shariah Market Trading: Islamic FinanceBloomberg… 0.08 percentage point, yesterday to 391. The spread has shrunk 76 basis points so far this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index.and more&nbs…

Persian Gulf Sukuk Returns Accelerating in Quarter on GDP: Islamic FinanceBloombergIslamic bonds sold by Middle Eastern borrowers have returned 9.4 percent this year, according to the HSBC/NASDAQ Dubai GCC US Dollar Sukuk Index. …

Standard Chartered Plans `Big Push' on Shariah Contracts: Islamic FinanceBloomberg9, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. The spread has narrowed 78 points, or 0.78 percentage point, so far this year. …and more »

Gulf Arab markets post losses due to rising US unemploymentEastDay.comNasdaq Dubai-listed shares of Dubai Ports World bucked the trend and added 1.68 percent, closing at 0.485 dollar. With energy prices dropping by 2.43 …

Ringgit Rally Boosts Sukuk as Yields Tumble: Islamic FinanceBusinessWeek… returned 0.4 percent in the past four days, adding to a 1.2 percent gain in the previous week, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. …and more »

Namal Amana Leads Shariah Stock Fund Returns as MFC Rises: Islamic FinanceBloombergThe HSBC/NASDAQ Dubai US Dollar Sukuk Index, made up of Islamic bonds from Indonesia to Saudi Arabia, rose 11 percent in the past year and dollar debt sold …and more&n…

Namal Amana Leads Shariah Stock Fund Returns as MFC Rises: Islamic FinanceBloombergThe HSBC/NASDAQ Dubai US Dollar Sukuk Index, made up of Islamic bonds from Indonesia to Saudi Arabia, rose 11 percent in the past year and dollar debt sold …and more&n…

Namal Amana Leads Shariah Stock Fund Returns as MFC Rises: Islamic FinanceBloombergThe HSBC/NASDAQ Dubai US Dollar Sukuk Index, made up of Islamic bonds from Indonesia to Saudi Arabia, rose 11 percent in the past year and dollar debt sold …and more&n…

CPI FinancialAsia to Dominate Sukuk Growth Next 18 Months: Islamic FinanceBusinessWeek18 low, according to the HSBC/NASDAQ Dubai GCC US Dollar Sukuk Index. Dubai World, which is renegotiating terms on $23.5 billion of liabilities, …Singapore Targets …

Saudi Sukuk Double on Spending in 2010 as New Issues Drop: Islamic FinanceBloombergThe average yield on sukuk sold by Gulf Cooperation Council issuers fell 17 basis points to 6.77 percent on July 30, according to the HSBC/NASDAQ Dubai GCC …and more&n…

Damas losses mount to Dh1.9bnZawya… (DamasDamas) made a net loss of Dh1.91 billion for the year ending March 31, 2010, according to its statement posted on the Nasdaq Dubai website. …and more »

Gulf TimesSukuk's Best Month in Four Signals More Gains on Inflows: Islamic FinanceBloomberg… double the return in June and the most since a 4.1 percent advance in March, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. …Kazakhstan Tur…

Kazakhstan Turns to Sukuk After Eurobond Offering Dropped: Islamic FinanceBloomberg… rate narrowed 63 basis points, or 0.63 percentage point, to 404 basis points so far this year, according to HSBC/NASDAQ Dubai US Dollar Sukuk Index. …and more&nbsp…

Gulf Sukuk Yield Premium Widens After Defaults: Islamic FinanceBusinessWeekThe average yield on the HSBC/NASDAQ Dubai GCC Conventional US Bond Index, made up of notes that don't comply with Muslim tenets from Qatar to Saudi Arabia, …

Gulf Sukuk Yield Premium Widens After Defaults: Islamic FinanceBusinessWeekThe average yield on the HSBC/NASDAQ Dubai GCC Conventional US Bond Index, made up of notes that don't comply with Muslim tenets from Qatar to Saudi Arabia, …

Petronas Sukuk Stage Record Rally on DBS, Fidelity Demand: Islamic FinanceBloombergIslamic bonds returned 7.3 percent so far this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index, while debt in the broadest developing markets …and more&…

Cagamas Sukuk `Big Step' for Malaysian Middle East Sales: Islamic FinanceBloombergIslamic bonds returned 7.1 percent so far this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index, while regular debt in developing markets …and more&nb…

Nakheel Yields Double 2007 Show Closed Market: Islamic FinanceSan Francisco Chronicle18, according to the HSBC/NASDAQ Dubai GCC US Dollar Sukuk Index. The similar yield on the broader dollar sukuk index, made up of bonds from the Gulf to …

DFM and NASDAQ Dubai hold Workshop for Brokers to explain consolidation benefitsZawyaDubai Financial MarketDubai Financial Market (DFMDFM) and NASDAQ Dubai jointly held a workshop for brokers, to explain the benefits of the consolidation …

Thai Sukuk Push to Serve Minority, Lure Funds: Islamic FinanceBusinessWeekThe HSBC/NASDAQ Dubai US Dollar Sukuk Index, made up of Islamic bonds from Indonesia to Saudi Arabia, was little changed yesterday and has returned 6.9 …and more »

GulfNewsStepping into a new era of market liquidityEmirates Business 24/7Starting Sunday the trading of all NASDAQ Dubai's listed equities will take place through the trading platform of the Dubai Financial Market (DFM). …Exchange rings with the …

Sukuk Auction Failures Send Indonesia Overseas: Islamic FinanceBusinessWeekShariah-compliant bonds returned 6.6 percent this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index, while debt in developing markets gained …and more »

The Express TribuneNomura Sells Sukuk to Support Shariah Ambition: Islamic FinanceBusinessWeekShariah-compliant bonds returned 6.1 percent this year, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index, while debt in developing markets gained …S…

Shariah Loans Reach Five-Year Low on Property: Islamic FinanceBusinessWeekThe HSBC/NASDAQ Dubai US Dollar Sukuk Index, made up of Islamic bonds, or sukuk, from Indonesia to Saudi Arabia, gained 0.8 percent in the three months …and more »