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