Recent Ratings

Entity	Country	Date	National Scale	Outlook	International Scale		Outlook	Fiduciary Scores				Shari’a Quality	Takaful
			LT/ST		FCY-LT/ST	LCY-LT/ST		Aggregate	AMQ	CG	SG
Al Baraka Islamic Bank B.S.C.(c) Press Release	Bahrain	30-Oct-19	BBB+ (bh) / A3 (bh)	Negative	BBB- / A3	-	Negative	71 -75	61 – 65	76 – 80	71 – 75
BANQUE AL BARAKA D’ALGERIE Press Release (English) (Arabic)	Algeria	15-Oct-19	A+(dz)/A1(dz)	Stable	BBB-/A3	BBB/A2	Stable	66-70	71-75	61-65	66 – 70	-
Albaraka Türk Katilim Bankasi A.Ş. Press Release	Turkey	20-Sep-19	A+(tr)/A1(tr)	Negative	BB+ / A3	BBB-/A3	Negative	71-75	71-75	76-80	71-75	-	-
Jordan Islamic Bank Press Release	Jordan	17-Sep-19	A+(jo)/A1(jo)	-	BB+/A3	-	Stable	-	-	-	-	-	-
AlBaraka Banking Group Press Release	Bahrain	22-Jul-19	A+(bh) / A2(bh)	Stable	BBB+ /A3	-	Stable	81 - 85	76 - 80	81 - 85	81 - 85	-	-
Republic of Kazakhstan Press Release	Kazakhstan	02-Jul-19	AAA (kz)/ A1+ (kz)	Stable	BBB+ /A2	-	Stable	-	-	-	-	-	-
Shiekan Insurance & Reinsurance Company Press Release (English) (Arabic)	Sudan	10-Apr-19	-	Stable	-	-	-	71–75	66-70	-	71-75	-	BBB+