Most recent/Bond comments/Ad
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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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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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Karachi, January 11, 2013: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of First Habib Bank Modaraba (FHBM) at 'AA-/ A-1+' (Double A Minus/ A-One Plus). Outlook on the ratings is 'Stable'.
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Senior Egyptian government officials and advisers on Thursday strove to present a united front on the country’s sovereign sukuk plans, following a week of intense debate over Shariah compliance and use of national assets.
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Bank Nizwa, Oman’s first dedicated Shariah compliant bank, officially opened its doors on Thursday. The opening is seen as an important step for the sultanate, whose ruler Sultan Qaboos bin Said Al Said first authorised the establishment of Islamic banking in May 2011 following popular demand.
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The International Islamic Trade Finance Corporation (IITFC), a subsidiary of the Islamic Development Bank , has provided $265m in liquidity to Egyptian General Petroleum Corporation (EGPC).
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Karachi, January 10, 2013: JCR-VIS Credit Rating Company Limited has maintained the Management Quality Rating of ABL Asset Management Company Limited (ABL AMC) at ‘AM 2-’ (AM Two Minus). Outlook on the assigned rating has been revised from ‘Stable’ to ‘Positive’.