Tamweel PJSC http://www.alacrastore.com/company-snapshot/Tamweel_PJSC-3798390 Sunday, October 12, 2008 5:00:17 AM 3798390 Tamweel PJSC en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/fitch/444397_pr_framefitch/444397_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Tamweel PJSC8648191110/9/2008 2:16:00 PM010000000101000001010100010102000101020285Press ReleaseTAMWEEL444397_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_111215moodys/PBC_111215pdf...Moody s assigns local and foreign currency issuer ratings of A#/Prime-# to Tamweel PJSC (Tamweel). In accordance with Moody's rating methodology for government-related issuers (GRIs), Tamweel' s ratings are based on the following inputs: (i) a Baseline Credit Assessment (BCA) of ## (on a scale of # to ##, where # reflects the lowest level of risk); ( ii) the United Arab Emir ates (UAE) federal government's Aa# rating; (iii) high depend ence; and (iv) high support from both the government of Dubai and that of the Federation. The rating outlook is stable. The ratings reflect the company s growing franchise and dominant position in the fledgling, albeit rapidly growing, Islamic mortgage finance market in the UAE. They also take account of Tamweel s strong financial fundamentals including improving profitability, sound capitalisati on, a more balanced funding mix thanks to wider access to term financing, and impeccable asset quality which are supported by its solid ownership... 10/6/2008 12:14:16 PMpdfTamweel PJSCTamweel PJSC820293434300.0000AnalysisAnalysisPBC_111215Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/429239_pr_framefitch/429239_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Tamweel PJSC80417179864819118/13/2008 10:20:00 AM010000000101000001010100010102000101020285Press ReleaseTAMWEEL429239_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/moodys/PR_158798_821044786moodys/PR_158798_821044786htmlGlobal Credit Research Rating Action # JUL #### Rating Action: Tamweel Sukuk Limited Moody's assigns (P)A# rating to Tamweel Sukuk Limited Paris, July ##, #### -- Moody's Investors Service has today assigned a provisional (P)A# rating...7/11/2008 12:32:21 AMhtmlTamweel Sukuk LimitedTamweel PJSCTamweel PJSC; Tamweel Sukuk Limited821044786820293434150.0000NewsRating ActionPR_158798_821044786Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_158798_820293434moodys/PR_158798_820293434htmlGlobal Credit Research Rating Action # JUL #### Rating Action: Tamweel PJSC Moody's assigns (P)A# rating to Tamweel Sukuk Limited Paris, July ##, #### -- Moody's Investors Service has today assigned a provisional (P)A# rating to the...7/8/2008 12:51:55 AMhtmlTamweel PJSCTamweel PJSC820293434150.0000NewsRating ActionPR_158798_820293434Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_109362moodys/PBC_109362pdf...Moody s has assigned a provisional (P)A# ra ting, with stable outlook, to the Sukuk Trust Certificates due #### to be issued by Tamweel Sukuk Limited. The amount of Sukuk to be issued is not ye t determined at the time of publication of this Pre-Sale Report. The Sukuk will be issued in local currency, i.e. United Arab Emirates Dirhams (AED). Tamweel Sukuk Limited ( TSL ) is a specia l-purpose entity, incorporated in the Cayman Islands and created to issue Su kuk Trust Certificates to investors ( Certificate holders ) and use the proceeds to acquire a pool of Shari ah-compliant assets from mortgage finance company Tamweel PJSC ( Tamweel ). TSL, as Trustee, will acquire the assets in the Tr ust. As Service Agent, Tamweel controls the Trust s operations and, as Obligor, also provides credit and liquidity support to the Trust. The Certificates (P)A# rating and stab le outlook are based on the current A#/Prime-# ratings and stable outlook of Tamweel, assigned in November ####.... 7/7/2008 4:15:41 PMpdfTamweel PJSCTamweel PJSC820293434300.0000AnalysisPre-Sale ReportPBC_109362Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/425445_pr_framefitch/425445_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Tamweel PJSC80417179864819117/7/2008 10:13:00 AM010000000101000001010100010102000101020285Press ReleaseTAMWEEL425445_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/bir/1322691bir/1322691normTamweel PJSCUnited Arab EmiratesFinance: Provision of Sharia compliant mortgage and investment services616262825222925239209HTAMWEEL6/21/2008 6:43:00 AM1322691Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/moodys/PBC_105916moodys/PBC_105916pdf...Headquartered in Dubai, Tamweel is one of the largest mortgage finance providers in the United Arab Emirates (UAE), with a mortgage portfolio of AED#.# billion accounting for around ##% of the total mortgage market (as of June ####). The company was established in March #### as a result of a joint venture agreement between Dubai Islamic Bank (DIB) and Istithmar (the investment arm of Dubai World), its founder members and current main shareholders. In July ####, after floating an IPO, Tamweel was registered as a public joint stock company and its shares were listed on the Dubai Financia l Market. It is regulated by the UAE Central Bank and is authorised to operate as an Islamic finance company. Tamweel provides a wide range of Sharia-based home financing solutions to real- estate buyers in the UAE. The products it offers are solely based on the concept of Sharia compliance Murabaha, Istisnaa , and Ijarah. The company is also involved in property development and some investment... Company Profile3/30/2008 8:45:31 PMTamweel PJSC820293434550.0000SpecialReportpdfTamweel PJSCPBC_105916Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/360842_report_framefitch/360842_report_framepdf38512/11/2007 2:13:00 PM86481911Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.01010202Tamweel PJSC010102000101010001000000Full Rating ReportTAMWEEL01010000360842_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/360862_report_framefitch/360862_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.150Credit UpdateTAMWEEL01010000Tamweel PJSC01010200010101000100000012/11/2007 2:13:00 PM0101020286481911360862_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/392657_pr_framefitch/392657_pr_framehtml01000000TAMWEEL01010000Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.12/11/2007 10:11:00 AMPress ReleaseTamweel PJSC0101010075010102000101020286481911392657_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/moodys/COP_820293434moodys/COP_820293434htmlGlobal Credit Research Credit Opinion # AUG #### Credit Opinion: Tamweel PJSC Tamweel PJSC Dubai, United Arab Emirates Ratings Category Moody's Rating Outlook Stable Issuer Rating A# ST Issuer Rating P-# Contacts Analyst Phone Anouar...11/21/2007 12:15:00 PMhtmlTamweel PJSCTamweel PJSC820293434150.0000NewsCredit OpinionCOP_820293434Credit & Investment ResearchMoody's Global Credit Research