What are your views on Rating Agencies specifically focusing on Islamic products? Is this necessary or could the global conventional rating agencies (S&P, Moody’s, Fitch etc…) which are well known to the global investor community provide this service?
The proposed launch of the Bahraini based International Islamic Rating Agency (IIRA) (Incorporated 21st October 2002) with the Islamic Development Bank as its main sponsor has yet to surface. What are your views on Rating Agencies specifically focusing on Islamic products? Is this necessary or could the global conventional rating agencies (S&P, Moody’s, Fitch etc…) which are well known to the global investor community provide this service? As the corporate Sukuk market becomes more established and the sovereign Sukuk....
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