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INDEPENDENCE
الثقة
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الاستقلال
ДОВЕРЯТЬ
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НЕЗАВИСИМОСТЬ
Serving the Islamic Ummah

Recent Ratings

IIRA Assigns Ratings to Trust International Islamic Bank                                        IIRA Maintains the Ratings of Omdurman National Bank                                        IIRA Reaffirms Ratings of Bank Al Jazira, Kingdom of Saudi Arabia                                        IIRA Issues Shari’ah Compliance and Fiduciary Rating of “SCFR (ksa) 1” on the National Scale and assesses SCFR (Global) at ‘High’ for Al Rajhi Takaful (ART)                                        IIRA revisits its assessment for Al Baraka Bank Syria                                        IIRA Assigns Fiduciary Ratings to Al Mustashar Islamic Bank For Investment and Finance P.S.C., Iraq                                        IIRA Announces its First Ever Ratings in Iraq; Assigns Investment Grade Ratings to Asia Aliraq Islamic Bank on the National Scale                                        IIRA Upgrades the National Scale Ratings of Al Baraka Bank Tunisia                                        IIRA Reaffirms Ratings of Al Baraka Islamic Bank B.S.C.(c)                                        IIRA upgrades the Credit Ratings of Dubai Islamic Bank                                        IIRA Reaffirms Ratings of Jordan Islamic Bank                                        IIRA Reaffirms Sovereign Ratings of the Kingdom of Bahrain
Entity Country Date DFRA National Scale Outlook International Scale Outlook Fiduciary Scores FM Shari’a Quality SCFR Takaful
FCY-LT/ST LCY-LT/ST Aggregate AMQ CG SG
Trust International Islamic Bank Iraq 23-Nov-21 - BBB+ (iq) / A3 (iq) Stable B / B B / B Stable 66 - 70 66 - 70 66 - 70 66 - 70 - - - -
Omdurman National Bank Sudan 18-Nov-21 - AA-(sd)/A1(sd) Stable - - - 71 - 75 71 - 75 66 - 70 76 - 80 - - - -
Bank Al Jazira Saudi Arabia 9-Nov-21 - A+(sa)/A1(sa) Stable A-/A2 - - 71 - 75 71 - 75 76 - 80 66 - 70 - - - -
Al Rajhi Takaful Saudi Arabia 9-Nov-21 - SCFR (ksa) 1 - - - - - - - - - - (Global)- High -
Al Baraka Bank Syria Syria 27-Oct-21 BBB NR/NR - - - - 71 - 75 76 – 80 71 – 75 71 – 75 - - - -
Al Mustashar Islamic Bank For Investment and Finance P.S.C. - Iraq Iraq 6-Oct-21 BBB(iq) / A3(iq) Stable B / B B / B Stable 61 - 65 61 – 65 61 – 65 66 – 70 - - - -
Asia Aliraq Islamic Bank For Investment and Finance - Iraq Iraq 20-Sep-21 BBB(iq) / A3(iq) Stable B / B B / B Stable 61 - 65 55 – 60 61 – 65 66 – 70 - - - -
Al Baraka Bank Tunisia Tunisia 09-Sep-21 A-(tn)/A2 (tn) Stable BB-/B BB/B Stable 71–75 71–75 71–75 71–75 - - - -
Al Baraka Islamic Bank B.S.C.(c) Bahrain 06-Sep-21 BBB+(bh)/A3(bh) Stable BB/A3 - Negative 71 -75 66 – 70 76 – 80 76 – 80 - - - -
Dubai Islamic Bank UAE 24-Aug-21 AA(ae)/A1+(ae) Stable A+/A1 - Stable 76-80 81-85 76-80 76-80 - - - -
Jordan Islamic Bank Jordan 18-Aug-21 A+(jo)/A1(jo) - BB+/A3 - Stable - - - - - - - -
The Kingdom of Bahrain Bahrain 17-Aug-21 - - BB+/A3 BB+/A3 Negative - - - - - - - -