Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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Dr Jarmo T. Kotilaine, Chief Economist, The National Commercial Bank, Saudi Arabia
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Bursa Malaysia has appointed Jamaluddin bin Nor Mohamad as head of Islamic and alternative markets. He is charged with spearheading the expansion and development of the products and services of Bursa Malaysia's Islamic and bond markets and the Labuan Financial Exchange.
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Hong Leong MSIG Takaful (HLM Takaful) has appointed Mohd Fauzi Yaakub as chief executive officer. He replaces Abdul Latiff Bin Haji Abu Bakar, who left the firm on May 15 after serving as CEO since December 2008.
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Karachi, May 18, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the Management Quality rating of Faysal Asset Management Limited (FAML) from ‘AM2-’ (AM Two Minus) to ‘AM3+’ (AM Three Plus). Outlook on the assigned rating is ‘Stable’.
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The Islamic bond market this week gave the clearest demonstration yet of its insulation from global turmoil, with Banque Saudi Fransi receiving an order book of over $4bn for its aggressively priced debut benchmark sukuk.