Sarwa Sukuk 3rd Issue (PHD 1st)
MERIS (Middle East Rating & Investors Service) Maintained the National Scale Rating (NSR) of Palm Hills Development S.A.E. (PHD) at “BBB+” with a “Stable Outlook” For the Entity and “BBB-” for the First Musharka Sukuk backed by Badya Project with a Stable Outlook Issued by Sarwa Sukuk Company (Third Issue)