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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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Saudi Arabian Mining Company (Ma'aden) has signed an oversubscribed SR9bn ($2.34bn) five year murabaha facility after launching the deal at SR7bn in June.
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Karachi, December 17, 2012: JCR-VIS Credit Rating Company Limited has reaffirmed the financial strength rating of Pak-Kuwait Takaful Company Limited (PKTCL) at ‘A-’ (Single A Minus). Outlook on the assigned 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.
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Dana Gas , which defaulted in November, is ending the year on a more positive tone and looks set for a buoyant start to 2013. The Sharjah-based company saw its stock rally from 40 fils ($0.11) to 48 fils last week, after the company reached an agreement with creditors on December 10 over restructuring its outstanding $920m sukuk and issuing new securities.
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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.