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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, December 28, 2011: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Insurer Financial Strength ( IFS ) Rating of Jubilee General Insurance Company Limited (Jubilee) - formerly New Jubilee Insurance Company Limited at 'AA' (Double A). The rating denotes very high capacity to meet policyholder and contract obligations. However, risk is modest, but may vary slightly over time due to business/economic conditions. Outlook on the assigned rating remains 'Positive'.
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Karachi, December 27, 2011: JCR-VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating (FSR) of Meezan Cash Fund (MCF) at ‘AA(f)’ (Double A (f)).
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Date posted: 27 December 2011
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Manama, Bahrain: Arab Banking Corporation (B.S.C.) ("ABC") announced today the appointment of the Governor of the Central Bank of Libya, His Excellency Saddek El Kaber, as the Chairman of its Board of Directors.
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Manama, Bahrain - 26 December 2011 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD18 million issue, which carries a maturity of 91 days, has been subscribed by 183%.