Monday 01, September 2014 by Matthew Amlôt

Moody's assigns (P)A3 to Sharjah's sovereign Sukuk

Moody's Investors Service, has assigned a provisional rating of (P)A3 to the proposed US dollar Trust Certificates to be issued by Sharjah Sukuk Limited, a special purpose vehicle established in the Cayman Islands by the Government of Sharjah. The payment obligations associated with these certificates are direct obligations of the Government of Sharjah.

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