20 Jun 2012
(MENAFN) Ratings agency Moody’s said in a rating statement that Dubai-based Tamweel eyes to raise USD235 million from the sale of a mortgage-backed sukuk, Reuters reported.
The Islamic bonds, or sukuks, are due to mature in 2046, according to the agency’s recent provisional rating.
The Islamic mortgage lender issued a similarly-structured deal in 2007, Moody’s added.
Moody’s has provisionally assigned the floating rate certificates Aa3, six notches higher than Tamweel’s standalone credit rating of Baa3.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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