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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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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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Nominations are now invited for a Visiting Fellowship at the Oxford Centre for Islamic Studies for the academic year commencing October 2012, under a new Scholar in Residence Programme in Islamic Finance jointly supported by the ( SC ) and the Oxford Centre for Islamic Studies (OCIS). OCIS is a recognised independent centre of the University of Oxford.
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Karachi, April 06, 2012: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has harmonized the Fund Stability Rating of ABL Cash Fund at ‘AA+( f)’ (Double A Plus (f)).
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Karachi, April 5, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has downgraded the Insurer Financial Strength ( IFS ) rating of The Crescent Star Insurance Company Limited (CSICL) from 'BBB - ' (Triple B Minus) to 'BB+' (Double B Plus). The rating remains under 'Rating Watch - Developing Status' given the continuing shortfall in the company's paid-up capital vis-à-vis minimum capital requirement.