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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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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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• The highest S&P rating in the Middle East and North Africa region
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Appointed to the AOB in April 2010, Nik Hasyudeen, who has been in practice for 23 years, had previously been President of the Malaysian Institute of Accountants, Vice-President of the ASEAN Federation of Accountants, a member of CPA Australia's Public Practice Advisory Committee and the Malaysian Accounting Standards Board.
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The ICMGTS was jointly developed by the SC and SIDC in 2009, in collaboration with Bursa Malaysia and industry organisations including Federation of Investment Managers Malaysia (FIMM), Association of Stockbroking Companies Malaysia (ASCM), Malaysian Investment Banking Association (MIBA) and Malaysian Association of Asset Managers (MAAM), to facilitate the development of human capital for the Islamic Capital Market. It aims to produce entry-level Islamic Capital Market professionals with strong fundamental knowledge and communication skills.
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Karachi, December 31, 2011: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has re-affirmed the Fund Stability Rating of ABL Cash Fund at ‘AA+( f)’ (Double A Plus (f)).
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Karachi, December 30, 2011: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity rating of KASB Modaraba (KASB) at ‘BBB+/A-3’ (Triple B Plus / A-Three) with a ‘Stable’ outlook.