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Keyword: dohabank

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  • $1bn Islamic bonds planned for carbon credits bourse

    06/11/2008 7:28:49 PM PDT · by Shermy · 19 replies · 258+ views
    DUBAI: Doha Bank is in talks with JPMorgan Chase & Co and Morgan Stanley to help it sell $1bn of Islamic bonds to fund the Gulf’s first carbon credits exchange. The sale will probably happen in the first quarter of next year after being delayed from this October, Doha Bank chief executive R Seetharaman said in an interview in Dubai yesterday. “I want to make sure we have all the regulatory approvals for our Energy City project and that the borrowing is cost- effective,” Seetharaman said. Seetharaman said last year Doha Bank was working with the San Francisco, California-based RainTrust...