Sukuk and Islamic Finance

22 March 03:36 PM Moody's affirms Dar Al Arkan ratings, ‘Stable’ outlook

Riyadh – Mubasher: Moody's Ratings has affirmed the ‘B1’ long-term corporate family rating (CFR) and ‘B1-PD’ probability of default rating (PDR) of the Saudi listed Dar Al Arkan Real Estate Development Company. The agency also affirmed the ‘(P)B1’ …

Company News

1 March 03:02 AM Nasdaq Dubai lists Mashreq Bank’s capital securities; orderbook hits $2.1bn

Dubai – Mubasher: Nasdaq Dubai announced the listing of $500 million in Additional Tier 1 (AT1) capital securities issued by Mashreq Bank in a transaction that attracted significant demand from regional and international investors. With the …

Bonds