"The largest financing in Iran Energy Exchange" This week, Iran Farabourse listed IRR 1,000 bn (USD 24 mn)* Murabaha Sukuk of Kerman Motor Company with 2-year maturity and 17% coupon rate. SEO authorized the first phase issuance of the IRR…
The Ministry of Roads and Urban Development plans to issue up to USD 366 mn of sukuk. Farabourse CEO announced that sharia compliance certificates have been issued for The Islamic Republic of Iran Broadcasting’s (IRIB) Manfeat Sukuk. According to the draft of…
HiWEB and Pars Online agree on terms of merger, resulting in an ITC heavyweight in Iran. Kian is the deal advisor. At 10:00 PM on Saturday October 29th, Pars Online and HiWEB CEO’s signed an agreement for the two companies…
Keeping on the ball with renewable energy - Intersolar 2017 taking place now in Tehran The Iranian renewable energy ecosystem is developing as policy makers, investors and service providers gather to talk about the industry's top priorities and challenges. Bankability…
Money market indicators show flight from short term and an increase in longer term deposits. Offering IRR 20 tr (USD 490 mn)* worth of Wheat Murabaha securities with an annual interest rate of 17% and 6-month payments was finished in…
Fixed Income Funds units no longer sold in bank branches. This week, trades of Islamic treasury bills (TB02) halted in order to be settled by the government at maturity in the upcoming week. According to the Ministry of Economic Affairs…
Debt market stabilizes following continuous decrease over the past few weeks According to the CEO of Maskan Bank, the Central Bank has agreed to issue $247 mn (IRR 10,000 bn) of MBS. Moreover, he mentioned the bank’s strategic plan for…
