Recent Ratings

IIRA Revises the Foreign Currency Ratings of the Republic of Turkiye; maintains short-term ratings IIRA Upgrades Fiduciary Rating of Balad Bank IIRA Assigns Ratings to Al-Mashreq Al-Arabi Islamic Bank for Investment with a Positive Outlook IIRA Affirms the Ratings of Al Baraka Bank Sudan IIRA Maintains Fiduciary Ratings of Al Baraka Banking Group B.S.C. IIRA affirms Shari’ah Compliance and Fiduciary Rating of “SCFR (pk) 1” on the national scale to Faysal Bank Limited, Pakistan (Islamic Banking Division) IIRA Reaffirms the Ratings of Al Baraka Insurance Company while Improving the Fiduciary Score IIRA Assigns Fiduciary Ratings to Iraq Noor Islamic Bank IIRA Reaffirms Ratings of ABC Islamic, Bahrain

			NATIONAL				INTERNATIONAL
ENTITY	COUNTRY	DATE	LONG TERM	SHORT TERM	OUTLOOK	DFRA	FCY-LT	FCY-ST	LCY-LT	LCY-ST	OUTLOOK
Republic of Turkey Press Release: En History	Turkey	29/04/2022	AAA (tr)	A1+ (tr)	Stable	-	BB+	A3	BB+	A3	Stable
Balad Bank Press Release: En History	Sudan	20/03/2022	BBB(sd)	A3(sd)	Stable	-	-	-	-	-	-
Al-Mashreq Al-Arabi Islamic Bank for Investment Press Release: En History	Iraq	14/03/2022	BBB(iq)	A3(iq)	Positive	-	B	B	B	B	Stable
Al Baraka Bank Sudan Press Release: En History	Sudan	24/02/2022	A-(sd)	A2(sd)	Stable	-	-	-	-	-	-
Al Baraka Banking Group Press Release: En History	Bahrain	10/02/2022	A+(bh)	A2(bh)	Stable	-	BBB+	A3	-	-	Stable
Al Baraka Insurance Company Press Release: En History	Sudan	07/02/2022	-	-	Stable	-	-	-	-	-	-
Iraq Noor Islamic Bank Press Release: En - Ar History	Iraq	02/02/2022	BBB-(iq)	A3(iq)	Stable	-	B-	B	B-	B	Stable
ABC Islamic Bank Press Release: En History	Bahrain	27/01/2022	A+(bh)	A1(bh)	Stable	-	A-	A2	-	-	Stable
K-Electric PKR 22bn Rating Report History	Pakistan	26/01/2022	AA+	-	Stable	-	-	-	-	-	-
International Islamic Trade Finance Corporation Press Release: En History	Saudi Arabia	29/12/2021	-	-	-	-	AA-	A1	-	-	Stable

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