GCC Ratings

Name of Client	Country	Date	National Scale	Outlook	International Scale		Outlook	Fiduciary Scores
			LT/ST		FCY-LT/ST	LCY-LT/ST		Aggregate	AMQ	CG	SQ
Al Baraka Islamic Bank B.S.C.(c) Press Release	Bahrain	21-Nov-18	BBB+ (bh) / A3 (bh)	Stable	BBB- / A3	-	Negative	71 -75	61 – 65	76 – 80	71 – 75
AlBaraka Banking Group Press Release	Bahrain	25-Oct-18	A+(bh) / A2(bh)	-	BBB+ / A3	-	Stable	76 - 80	76 - 80	81 - 85	76 – 80
Dubai Islamic Bank Press Release	UAE	04-Oct-18	AA-(ae)/A1+(ae)	Stable	A/A1	-	Stable	76-80	81-85	71-75	76-80
International Company for Water & Power Projects (ACWA Power) Press Release	Saudi Arabia	13-Aug-18	AA-(sa)/A1(sa)	Stable	BBB+/A2’	-	Stable	71-75	71-75	71-75	61-65
aafaq Islamic Finance Press Release	UAE	25-Oct-17	Withdraws	-	Withdraws	-	-	-	-	-	-
ABC Islamic Bank E.C. Press Release	Bahrain	26-Sep-17	A+(bh) / A-1(bh)	-	A- / A-2	-	Stable	76-80	71-75	86-90	76-80
Bahrain Islamic Bank Press Release	Bahrain	15-June-17	BBB(bh)/A2(bh)	Stable	BBB-/A3	-	Negative	71-75	66-70	76-80	71-75
Gulf Finance House Press Release	Bahrain	10-May-17	BBB-(bh)/A3(bh)	-	BB/B	-	stable	61-65	56-60	61-65	66-70
Bank Al‐Jazira Press Release	Saudi Arabia	03-Nov-16	A+(sa)/A1(sa)	Negative	A-/A2	-	Negative	71-75	71-75	76-80	66-70
The Kingdom of Bahrain Press Release	Bahrain	24-Mar-16	-	-	BBB/A3	BBB/A3	Stable	-	-	-	-