RATINGS - IIRA upgrades credit ratings of Kuveyt Turk Katalim Bankasi

www.islamonline.com - Manama, February 01, 2012 - Islamic International Rating Agency (IIRA) has upgraded the foreign currency ratings of Kuveyt Turk Katalim Bankasi (KTKB (more)

Manama, February 01, 2012 - Islamic International Rating Agency (IIRA) has upgraded the foreign currency ratings of Kuveyt Turk Katalim Bankasi (KTKB) from 'BB+/A-3' (Double B Plus/A-Three) to 'BBB- /A-3' (Triple B Minus/A-Three). Local currency ratings have also been upgraded from 'BBB-/A-3 (Triple B Minus/A-Three) to 'BBB/A-3' (Triple B/A-Three). On the national scale, ratings have been upgraded to A/A-2 (tr) (Single A/ A -Two). Outlook on the assigned ratings is 'Stable'.  (source)

RATINGS - IIRA upgrades sovereign ratings of the Republic of Turkey

www.theislamicglobe.com - Islamic International Rating Agency (IIRA) has upgraded the long term foreign currency sovereign rating of the Republic of Turkey from ‘BB+’ to ‘BBB-’. The long term local currency sovereign rating has also been upgraded from ‘BBB-’ to ‘BBB’. The short term credit rating on both foreign and local currency scale has been maintained at ‘A-3’. On the national scale, ratings have been reaffirmed at ‘AAA/A-1+(tr)’. Outlook on the assigned ratings is Stable.  (source)

PUBLICATION - REPORT - IIRA and DS Assess the Pulse of OIC Capital Markets

Manama, August 31, 2010

The Islamic International Rating Agency, Bahrain and Dinar Standard, USA have joined hands together to release a research report on the Pulse of the OIC (Organization of Islamic Conference member countries) Islamic Capital Markets.