{"id":598035,"date":"2019-05-13T03:54:17","date_gmt":"2019-05-13T03:54:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/"},"modified":"2019-05-13T03:54:17","modified_gmt":"2019-05-13T03:54:17","slug":"adib-capital-to-manage-egypts-first-sukuk-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/","title":{"rendered":"ADIB Capital to manage Egypt\u2019s first sukuk issuance"},"content":{"rendered":"

<\/a> ADIB Capital to manage the Egypt\u2019s first corporate sukuk issuance:<\/b> ADIB Capital, the investment banking arm of Abu Dhabi Islamic Bank, will managing a USD 50 mn sukuk issuance that it claims is the first to come out of the nation\u2019s corporate sector, unidentified sources told Hapi Journal<\/a>. Hapi says its sources declined to disclose the name of the company making the issuance, saying only it is a private-sector player. ADIB, which is acting as financial advisor, is currently working on wrapping up procedures and preparing a prospectus to submit to the Financial Regulatory Authority (FRA). The FRA issued regulations governing the issuance and listing of sukuks last month<\/a>, stipulating that the shariah-compliant bond issuances be approved by a religious committee, among other things.<\/p>\n","protected":false},"excerpt":{"rendered":"

ADIB Capital to manage the Egypt\u2019s first corporate sukuk issuance: ADIB Capital, the investment banking arm of Abu Dhabi Islamic Bank, will managing a USD 50 mn sukuk issuance that it claims is the first to come out of the nation\u2019s corporate sector, unidentified sources told Hapi Journal. Hapi says its sources declined to disclose […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[11089,7106,72,2380,1041],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598035","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-adib-capital","tag-debt","tag-enterpriseam","tag-speed-round","tag-treasuries","wpautop","entry"],"acf":{"mongo_id":"05c629d9-fd59-4434-9cf5-068582c19253","is_powered_by":true,"section_story_id":"5966814b-de66-43c9-84d5-b09dbb8228c6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598029],"teaser":"","voice_url":""},"yoast_head":"\nADIB Capital to manage Egypt\u2019s first sukuk issuance - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADIB Capital to manage Egypt\u2019s first sukuk issuance\" \/>\n<meta property=\"og:description\" content=\"ADIB Capital to manage the Egypt\u2019s first corporate sukuk issuance: ADIB Capital, the investment banking arm of Abu Dhabi Islamic Bank, will managing a USD 50 mn sukuk issuance that it claims is the first to come out of the nation\u2019s corporate sector, unidentified sources told Hapi Journal. Hapi says its sources declined to disclose […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-13T03:54:17+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ADIB Capital to manage Egypt\u2019s first sukuk issuance\",\"datePublished\":\"2019-05-13T03:54:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ADIB Capital\",\"debt\",\"EnterpriseAM\",\"SPEED ROUND\",\"treasuries\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/adib-capital-to-manage-egypts-first-sukuk-issuance\/\",\"name\":\"ADIB Capital to manage Egypt\u2019s first sukuk issuance - 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