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	06-Sep-21	BBB+(bh)/A3(bh)	Stable	BB/A3	-	Negative	71 -75	66 – 70	76 – 80	76 – 80
Dubai Islamic Bank Press Release	UAE	24-Aug-21	AA(ae)/A1+(ae)	Stable	A+/A1	-	Stable	76-80	81-85	76-80	76-80
The Kingdom of Bahrain Press Release	Bahrain	17-Aug-21	-	-	BB+/A3	BB+/A3	Negative	-	-	-	-
Bahrain Islamic Bank B.S.C. Press Release	Bahrain	17-Aug-21	A(bh)/A2(bh)	Stable	BB+/A3	-	Negative	71 – 75	66 – 70	81 – 85	71 – 75
The International Islamic Trade Finance Corporation (ITFC) Press Release	Saudi Arabia	18-Jan-21	-	-	AA- / A1	-	Stable	76 – 80	76 – 80	76 - 80	71 - 75
ABC Islamic E.C. Press Release	Bahrain	10-Dec-20	A+(bh) / A1(bh)	Stable	A- / A2	-	Stable	76 - 80	71 - 75	86 - 90	76 - 80
AlBaraka Banking Group Press Release (English) (Arabic)	Bahrain	10-Sep-20	A+(bh) / A2(bh)	Stable	BBB+ /A3	-	Negative	81 - 85	76 - 80	81 - 85	81 - 85
GFH Financial Group BSC	Bahrain	04-Sep-20	Withdrawn	-	Withdrawn	-	-	-	-	-	-
Bank Ratings Update – Kingdom of Bahrain Press Release	Bahrain	29-Jul-20	-	-	-	-	-	-	-	-	-
International Company for Water & Power Projects (ACWA Power) Press Release	Saudi Arabia	02-Jun-20	Withdrawn	-	Withdrawn	-	-	-	-	-	-
Bank AlJazira Press Release	Saudi Arabia	05-May-20	A+(sa)/A1(sa)	-	A-/A2	-	Rating Watch	71-75	71-75	76-80	66-70