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Most recent/Bond comments/Ad
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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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Allianz Takaful and MedGulf have entered into a partnership for Bahrain and Qatar to develop their insurance platforms. To start the partnership, Allianz Takaful will transfer 75% of itself to MedGulf (Bahrain). In this new partnership, Allianz Takaful will continue to sell its whole range of takaful and insurance products in the market of Bahrain as well as life and health products in Qatar.
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Sri Lanka-based Amana Takaful has lost director Hassan Ali Manik from its Maldives branch. The news comes shortly after the firm said it would launch 800,000 shares in an initial public offering on the Maldives Stock Exchange.
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Global financial market volatility has been blamed for the decision last week to pull a debut sukuk in Hong Kong's dim sum market by Khazanah Nasional , the Malaysian state-owned fund.
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Global financial market volatility has been blamed for the decision last week to pull a debut sukuk in Hong Kong's dim sum market by Khazanah Nasional , the Malaysian state-owned fund.
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Global financial market volatility has been blamed for the decision last week to pull a debut sukuk in Hong Kong's dim sum market by Khazanah Nasional , the Malaysian state-owned fund.