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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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Al Khaliji Commercial Bank has closed down its Islamic branch to adhere with instructions issued by the Qatar central bank last year, which requested that conventional banks close their Islamic windows. Doha headquartered Al Khaliji will now focus on its medium term treasury management and corporate business strategy.
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Karachi, January 4, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the Insurer Financial Strength Rating of Silver Star Insurance Company Limited (SSI) to 'A - ' (A minus) from 'BBB+' (Triple B Plus). Outlook on the rating is 'Stable'.
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Malaysian prime minister and finance minister Mohd Najib Abdul Razak last month launched Bank Negara Malaysia 's financial sector blueprint for the years 2011 to 2020.
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Dubai-based Emirates Islamic Bank will begin a series of fixed income investor meetings in Asia, the Middle East and Europe this week as it looks to issue a benchmark sukuk.
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Karachi, January 2, 2012: JCR-VIS has reaffirmed the Fund Stability Rating of ABL Income Fund at ‘A+ (f)’ (Single A Plus (f)).
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Karachi, January 2, 2012: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Insurer Financial Strength ( IFS ) rating of Askari General Insurance Company Limited (AGICO) at 'A' (Single A). The Outlook on the rating is 'Stable'.