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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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The ( SC ) will host the 5th International Islamic Capital Market Forum (IICMF) on 10 November 2011. The 5th IICMF will gather local and international experts to discuss and deliberate on the current state of Islamic finance.
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Led by the , ASEAN Corporate Governance (CG) experts, have been collaborating to develop a CG scorecard to rank public listed companies (PLCs) in the region.
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The ( SC ) today published a consultation paper seeking public feedback on independent chairman and poll voting.
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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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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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Karachi, October 28, 2011: JCR-VIS Credit Rating Company Limited has assigned the first Fiduciary Ratings to Burj Bank Ltd. This rating truly reflects the spirit of Islamic finance by capturing the element of Mudarib quality, institutional governance and compliance with Shari'ah principles adopted by the bank. BBL has been assigned an aggregate Fiduciary score of 70%, which denotes 'adequate fiduciary standards'. The outstanding credit ratings of BBL are 'A/A-2' (Single A/ A-Two) with a 'Stable' Outlook.