Al Khaleej Navigation Holding announced that credit rating agency Fitch has assigned a B+ rating to its new sukuk issuance valued at 612 million dirhams (167 million dollars). This decision marks a significant event in the UAE's financial market, confirming investor confidence in the issuer. The rating reflects the company's financial strength and the quality of the sukuk structuring. Experts note that this transaction opens new opportunities for attracting capital to the region and contributes to the development of Islamic financial instruments.
