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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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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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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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Egypt's government has agreed $1bn of financing with Saudi Arabia's Islamic Development Bank (IDB) to put towards energy and food imports. The investment is the first confirmed part of a previously planned $2.5bn deal and comes via IDB subsidiary the International Islamic Trade Finance Corporation.
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AAOIFI board member and Islamic finance scholar Yusuf Talal DeLorenzo has endorsed Ethica Institute of Islamic Finance. Ethica specialises in Islamic finance training and certification and has over 20,000 paying users in 44 countries. DeLorenzo joins other well known scholars Zubair Usmani and Ashraf Muneeb in acting as an advisor to Ethica.