Recent Ratings

IIRA upgrades ratings of Bank of Khartoum IIRA Assigns Takaful Financial Strength Rating of ‘A-‘ to Islamic Insurance Company, Sudan IIRA Reaffirms Credit Ratings of the International Islamic Trade Finance Corporation IIRA maintains Shari’ah Compliance and Fiduciary Rating of “SCFR (ksa) 1” on the National Scale and SCFR (Global) at ‘High’ for Al Rajhi Takaful (ART) IIRA Assigns ‘A’ Band National Scale Ratings to Al Janoob Islamic Bank for Investment and Finance (PJSC), Republic of Iraq IIRA Withdraws Issuer Ratings on Sudatel Telecom Group Limited and its SDG1bn Sukuk IIRA Reviews Process of ‘Conversion to Islamic’ for Faysal Bank Limited, Pakistan IIRA Reaffirms Fiduciary Ratings on Al Mustashar Islamic Bank For Investment and Finance P.S.C., Iraq

			NATIONAL				INTERNATIONAL
ENTITY	COUNTRY	DATE	LONG TERM	SHORT TERM	OUTLOOK	DFRA	FCY-LT	FCY-ST	LCY-LT	LCY-ST	OUTLOOK
Bank of Khartoum Press Release: En History	Sudan	20/03/2023	AA-(sd)	A1(sd)	Stable	-	-	-	-	-	-
Islamic Insurance Company Press Release: En History	Sudan	16/03/2023	-	-	-	-	-	-	-	-	-
International Islamic Trade Finance Corporation Press Release: En History	Saudi Arabia	13/03/2023	-	-	-	-	AA-	A1	AA-	A1	Stable
Al Rajhi Takaful Press Release: En - Ar History	Saudi Arabia	09/03/2023	-	-	-	-	-	-	-	-	-
Al Baraka Group (previously Al Baraka Banking Group) Press Release: En History	Bahrain	16/02/2023	A+(bh)	A2(bh)	Stable	-	BBB+	A3	BBB+	A3	Stable

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