This year for the first time, Euromoney has produced the Trade Finance Stars, which recognizes providers with exceptional qualitative ratings in particular regions and areas of client service.

Shariah savings scheme could be a game-changer; wealth push follows success in sukuk market.

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Best regional trade finance provider:

The survey is designed to provide our readers with valuable information about the trade finance market. It asks participants to rank trade-finance providers across a selection of service categories and an overall, global category.

The world seems to be turning away from globalization and towards protectionism. Yet despite this challenging environment for trade, the bankers who finance it remain surprisingly upbeat.

International banks recently put up an unsecured loan for a Russian borrower with a parent on the US sanctions list. Has the loan market for unsanctioned investment-grade Russian borrowers just got broader, deeper and potentially cheaper?

Dominance of global volumes continues; why aren’t others catching up?

Digital initiatives boost Hong Leong Islamic Bank; Islamic finance fertile ground for fintech.

Results index HSBC’s power in debt financing, allied with the strength of its balance sheet, is well known, but Stephen Williams’ capital financing team was no one-trick pony during our review period. It handled equity or equity-linked deals in Korea, Singapore, Taiwan and India as well as many of the deals that mattered most in Greater China. Among them were the $2.115 billion IPO of China Reinsurance and $2.54 billion IPO of China Huarong Asset Management which collectively re-opened regional equity fundraising markets in October. VRL Logistics in India was one of the most successful IPOs from the country for years.

Bahrain

$100 million Islamic structured club facility

M$100 million ($18.2 million) sustainable and responsible investment sukuk (Ihsan)

OR250 million ($650 million) sukuk

$1.5 billion sukuk

Euromoney highlights six of the strongest key innovations in Islamic finance from the last 12 months.

£132 million ($187 million) secured Islamic facility

UK Export Finance $913 million sukuk (Khadrawy)

The Shariah-complaint finance sector has been growing strongly, but only in a few jurisdictions and with limited product diversity. As oil-derived liquidity flows dry up in its core markets in the Gulf, what can it do to fix its lack of international reach?

Submission deadline Thursday 10th March 2016

Trade Finance Survey 2016 full results The survey is designed to give our readers valuable information with regard to the trade finance market and give them the opportunity to rank trade finance providers across a selection of service categories and an overall, global ranking of providers as rated by their clients.

Trade Finance Survey 2016 full results Global 2016 2015 1 1 Deutsche Bank 2 2 UniCredit 3 3 Citi 4 4 HSBC 5 5 Commerzbank 6 14 Société Générale 7 12 RBS 8 6 Standard Chartered 9 20 ING 10 10 Santander

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Trade Finance Survey 2016 full results.

Islamic banks in the GCC may have two advantages over their conventional counterparts at a time of weak liquidity: loyal retail money and the ability to tap two investor markets

Commercial Bank of Dubai pays up; Gulf Investment Corporation cancels deal.

Downloadable guide (PDF)

The drop in the oil price has combined with a general lack of liquidity to put issuers from Gulf states in an unfamiliar position. There may be no need to fear a crunch, but the region’s issuers must get used to the fact that they will have to pay up to raise capital.

Interest rate of 26% for 165-day notes; international return inked in for 2016.