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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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Karachi, March 20, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has withdrawn the Management Quality (MQ) rating of 'AM2 - ' (AM-Two Minus) assigned to National Investment Trust Limited (NITL), with immediate effect, on account of non-renewal of rating contract.
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Manama, Bahrain -20th March 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 170%.
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Karachi, March 19, 2012: JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength ( IFS ) rating of Century Insurance Company Limited (CICL) at 'A' (Single A) with a 'Stable' Outlook.
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Karachi, March 19, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the entity ratings of Summit Bank Limited (SBL) from 'A/A-2' (Single A/A-Two) to 'A - /A-2' (Single A Minus/A-Two). Rating of the sub-ordinated debt instrument has been finalized at 'A-(SO)' (Single A Minus(SO)). Outlook on the assigned ratings is 'Stable'.
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Karachi, March 19, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the entity ratings of Summit Bank Limited (SBL) from 'A/A-2' (Single A/A-Two) to 'A - /A-2' (Single A Minus/A-Two). Rating of the sub-ordinated debt instrument has been finalized at 'A-(SO)' (Single A Minus(SO)). Outlook on the assigned ratings is 'Stable'.