Mumtalakat 2017 Annual Report

Year
in review

Ratings

Our ratings for the year ended 31st December 2017 are as follows:

Fitch Ratings

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

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: A3
Outlook: Stable

Linaburg-Maduell transparency index rating

10/10 transparency rating