21.07.2009 - RAK Capital's upcoming Sukuk issue assigned 'A' rating
From Globalarabnetwork.com: Standard & Poor's Ratings Services said today that it had assigned its 'A' credit rating to the upcoming sukuk being issued under the $2 billion certificates (sukuk al-ijara) issuance program from RAK Capital. As per the original rating of the program in May 2008, we expect all issuances of certificates under this program to be rated 'A'.......Full Article: Source