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Trade was the largest so far from the Dubai property developer
Turkish oil and gas firm offers a pickup to its parent and most other CEEMEA sukuk
Where the company's deal prices relative to its parent will be the topic of investor roadshows
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
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The Islamic Development Bank (IsDB) has signed a $450m financing agreement with the government of Benin. The IsDB will finance priority investments in the energy, infrastructure, transport and agriculture sectors in Benin.
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Al izz Islamic Bank, one of Oman’s first Islamic banks, appointed a Shariah supervisory board during its second general meeting on Sunday.
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Qatar Islamic Bank has launched a fund investing in global sukuk from issuers outside Qatar. The International Sukuk Portfolio is styled as QIB’s new flagship product and will be managed by its London based QIB-UK subsidiary.
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Karachi, April 15, 2013: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the medium to long-term entity rating of Hub Leather (Pvt.) Ltd. (HLPL) at ‘BBB’ (Triple B) and short-term rating at ‘A-3’ (A-Three). Outlook on the medium to long term rating is ‘Stable’.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.