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
International Company for Water & Power Projects (ACWA Power) Press Release	Saudi Arabia	19-Mar-18	AA-(sa)/A1(sa)	Stable	BBB+/A2	-	Stable	71-75	71-75	71-75	61-65	-	-
Kuveyt Turk Participation Bank Press Release	Turkey	28-Feb-19	AA(tr)/A1+(tr)	Stable	BBB-/A3	BBB/A3	Stable	-	-	-	-	-	-
Bank AlJazira Press Release	Saudi Arabia	20-Feb-19	A+(sa)/A1(sa)	Stable	A-/A2	-	Stable	71-75	71-75	76-80	66-70	-	-
The Islamic Insurance Company PLC Press Release	Jordan	18-Feb-19	-	-	-	-	Stable	76-80	76-80	-	76-80	-	A
K-ELECTRIC LIMITED Brief Report	Pakistan	06-Feb-19	AA(pk)	Rating Watch	-	-	-	-	-	-	-	-	-
Al Baraka Bank Egypt Press Release (English) (Arabic)	Egypt	28-Jan-19	A-(eg) / A2 (eg)	Positive	B-/B	B/B	Positive	71-75	76-80	76-80	61-65	-	-