Mumtalakat Digital Annual Report

Year
in review

Ratings

The following is a summary of Mumtalakat’s different ratings as at 31st December 2016:

Fitch Ratings

Long-term Issuer Default Rating: BB+
Senior Unsecured Rating: BB+
Short-term Issuer Default Rating: B
Outlook: Stable

Standard & Poor’s

Long-term Issuer Credit Ratings: BB-
Short-term Issuer Credit Ratings: B
Outlook: Stable

RAM Ratings

Long-term Rating of Sukuk Murabaha Programme: A1
Outlook: Negative

Linaburg-Maduell transparency index rating

10/10 transparency rating