Levant 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	SQ
Republic of Turkey Press Release	Turkey	28-Feb-20	AAA(tr)/ A1+(tr)	Stable	BBB-/A3	BBB/A3	Stable	-	-	-	-	-	-
The Islamic Insurance Company PLC Press Release	Jordan	09-Jan-20	-	-	-	-	Stable	76-80	76-80	-	76-80	-	A
Kuveyt Turk Participation Bank Press Release	Turkey	07-Jan-20	AA(tr)/A1+(tr)	Positive	BBB-/A3	BBB/A3	Stable	-	-	-	-	-	-
Jordan Islamic Bank Press Release	Jordan	19-Dec-19	-	-	-	-	-	-	-	-	-	AA+(sq)	-
Al Baraka Bank Syria Press Release	Syria	04-Dec-19	NR/NR	-	-	-	-	71-75	76-80	66-70	71-75	-	-
Albaraka Türk Katilim Bankasi A.Ş. Press Release	Turkey	20-Sep-19	A+(tr)/A1(tr)	Negative	BB+ / A3	BBB-/A3	Negative	71-75	71-75	76-80	71-75	-	-
Jordan Islamic Bank Press Release	Jordan	16-Sep-19	A+(jo)/A1(jo)	-	BB+/A3	-	Stable	-	-	-	-	-	-
AlBaraka Bank Lebanon S.A.L. Press Release	Lebanon	31-Dec-18	BBB-(lb)/A3(lb)	Stable	-	-	-	66-70	61-65	66-70	76-80	-	-