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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Karachi, January 17, 2013: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has revised the Fund Stability Rating of ABL Cash Fund from ‘AA+(f)’ (Double A(f) Plus) to ‘AA(f)’ (Double A(f)).
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Karachi, January 17, 2013: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Fund Stability Rating of ABL Government Securities Fund (ABL GSF) at ‘A+(f)’ (Single A Plus(f)).
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Karachi, January 17, 2013: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Fund Stability Rating of ABL Income Fund at ‘A+(f)’ (Single A Plus (f)).
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Karachi, January 17, 2013: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Fund Stability Rating of ABL Islamic Income Fund at ‘A+(f)’ (Single A Plus(f)).
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The Egyptian government has approved the country’s new sukuk bill, finance minister El-Morsy Hegazy said on Wednesday. The agreement comes following successive attempts to bring the ministry and government’s differing versions of the bill closer together.
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National Bank of Oman has become the second bank in the sultanate to receive an Islamic banking licence, following Bank Muscat's approval by the central bank on Monday.