London Stock Exchange welcomes Islamic Development Bank Sukuk Bond LeapRate

London Stock Exchange welcomes Islamic Development Bank Sukuk Bond

London Stock Exchange today welcomed the largest Sukuk bond to be issued by a supranational globally in 2017, raising $1.25 billion. Listed by Saudi Arabia based, triple-A rated, Islamic Development Bank, it is a five-year bond with a 2.393% yield and reinforces London’s position as a key global venue for Islamic finance. To date nearly…

March 13, 2015 BY Maria Nikolova

Tradition records higher net profit in 2014, revenues rise in early 2015

Compagnie Financiere Tradition SA (SWX:CFT), the Switzerland-based interdealer broker, earlier today posted its financial metrics for full year 2014. The group confirmed that the business environment in 2014 was challenging, but nevertheless managed to see a 47.5% jump in its annual consolidated net profit to CHF 32 million (USD 31.9m/EUR 30m). The group share amounted…

Tag: IDB

London Stock Exchange welcomes Islamic Development Bank Sukuk Bond

Tradition records higher net profit in 2014, revenues rise in early 2015

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