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
Kuveyt Turk Participation Bank Press Release	Turkey	28-Feb-19	AA(tr)/A1+(tr)	Stable	BBB-/A3	BBB/A3	Stable	-	-	-	-	-	-
The Islamic Insurance Company PLC Press Release	Jordan	18-Feb-19	-	-	-	-	Stable	76-80	76-80	-	76-80	-	A
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	-	-
Albaraka Türk Katilim Bankasi A.Ş. Press Release	Turkey	21-Nov-18	AA- (tr) / A1 (tr)	-	BB+ / A3	BBB-/A3	Negative	71-75	71-75	76-80	71-75	-	-
Al Baraka Bank Syria Press Release	Syria	13-Nov-18	NR/NR	-	-	-	-	71-75	76-80	66-70	71-75	-	-
Republic of Turkey Press Release	Turkey	09-Nov-18	AAA (tr)/ A1+(tr)	Stable	BBB-/A3	BBB/A3	Negative	-	-	-	-	-	-
Jordan Islamic Bank Press Release	Jordan	21-Oct-18	A+(jo)/A1(jo)	-	BB+/A3	-	Stable	-	-	-	-	-	-
Jordan Islamic Bank Press Release	Jordan	16-Oct-18	-	-	-	-	-	-	-	-	-	AA+(sq)	-