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Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
The Gulf kingdom is trying to tackle a very wide deficit and sky-high debt to GDP
Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
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Karachi, July 06, 2012: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of House Building Finance Company Limited (HBFCL) at ‘A/A-2’ (Single A/A-Two).
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Karachi, July 5, 2012: JCR-VIS Credit Rating Company Limited has revised the entity ratings of SME Leasing Limited (SLL) from 'BBB/A-3' (Triple B/A-Three) to 'BBB - /A-3' (Triple B Minus/A-Three). Outlook on the assigned ratings remains 'Negative.'
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Airport retailer Dubai Duty Free (DDF) hasburst onto the international stage to sign a $1.75bn six year facility splitbetween Islamic financing and a conventional senior unsecured term loan.
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Karachi, July 4, 2012: JCR-VIS Credit Rating Company Limited has maintained the entity ratings of Allied Rental Modaraba (ARM) at ‘A/A-2’ (Single A/A-Two). Outlook on the ratings has been revised from ‘Stable’ to ‘Positive’.
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Karachi, July 04, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the medium to long-term and short-term entity ratings of SME Bank Limited (SME) at 'BBB' (Triple B) and 'A-3' (A-Three), respectively. Outlook on the rating remains 'Negative'.