RAM Ratings was named Best Rating Agency 2017 by CPI Financial yesterday, at its inaugural Islamic Business & Finance – South East Asia (SEA) awards ceremony at InterContinental Hotel Kuala Lumpur. According to CPI Financial, the other nominees in this category were Fitch Ratings and Standard & Poor’s.

“We are honoured to receive this award, particularly since it is CPI Financial’s first such event in SEA. This award highlights the market’s continued acknowledgement of RAM’s contributions and thought leadership in Islamic finance,” observes Foo Su Yin, CEO of RAM Ratings.

The Islamic Business and Finance SEA Awards recognise the very best in Shari'ah-compliant banking products and services, as well as the best-performing Shari'ah-compliant banks and financial services. The SEA awards category was established this year, following a 12-year track record of success in Dubai. In 2011, RAM Ratings was recognised for Best Research in Islamic Finance by CPI Financial in Dubai.  

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Media contact
Padthma Subbiah
(603) 7628 1162
padthma@ram.com.my                         

About RAM Rating Services Berhad
RAM Rating Services Berhad was established in 1990 by the Malaysian central bank, as part of the “institutional infrastructure” to support the development of Malaysia’s debt capital market – now the third largest bond market in Asia and largest in ASEAN. Today, RAM is the leading credit rating agency in ASEAN and was recognised as the “Most Influential Rating Agency in the Region” in 2011. Operating out of the world’s largest Islamic finance hub, our experience and knowledge as a leading rating agency in Sukuk has been recognised, being conferred numerous awards such as Best Islamic Rating Agency in 2012 & 2016 and Most Outstanding Islamic Rating Agency between 2011 and 2013.

Our rated portfolio is defined by a strong presence in Malaysia and Asia, the GCC region and an expanding coverage of European entities. We continue to serve the global investment community through our ASEAN and global rating scales. In 2013, RAM gained further renown as one of the 6 credit rating agencies recognised by the Tokyo Stock Exchange for the PRO-Bond Market.

© Press Release 2017