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Serving the Islamic Ummah

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
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ENTITYCOUNTRYDATELONG TERMSHORT TERMOUTLOOKDFRAFCY-LTFCY-STLCY-LTLCY-STOUTLOOK

Republic of Turkey

Press Release: En  

Turkey 29/04/2022 AAA (tr) A1+ (tr) Stable - BB+ A3 BB+ A3 Stable

Balad Bank

Press Release: En  

Sudan 20/03/2022 BBB(sd) A3(sd) Stable - - - - - -

Al-Mashreq Al-Arabi Islamic Bank for Investment

Press Release: En  

Iraq 14/03/2022 BBB(iq) A3(iq) Positive - B B B B Stable

Al Baraka Bank Sudan

Press Release: En  

Sudan 24/02/2022 A-(sd) A2(sd) Stable - - - - - -

Al Baraka Banking Group

Press Release: En  

Bahrain 10/02/2022 A+(bh) A2(bh) Stable - BBB+ A3 - - Stable

Al Baraka Insurance Company

Press Release: En  

Sudan 07/02/2022 - - Stable - - - - - -

Iraq Noor Islamic Bank

Press Release: En - Ar  

Iraq 02/02/2022 BBB-(iq) A3(iq) Stable - B- B B- B Stable

ABC Islamic Bank

Press Release: En  

Bahrain 27/01/2022 A+(bh) A1(bh) Stable - A- A2 - - Stable

K-Electric PKR 22bn
Pakistan 26/01/2022 AA+ - Stable - - - - - -

International Islamic Trade Finance Corporation

Press Release: En  

Saudi Arabia 29/12/2021 - - - - AA- A1 - - Stable