9th August 2017, Manama, Kingdom of Bahrain 

General Council for Islamic Banks and Financial Institutions (CIBAFI), the umbrella of Islamic financial institutions, in cooperation with S&P Global Ratings and under the patronage of the Central Bank of Bahrain (CBB) is organizing a Seminar on Credit Ratings: Focus on Islamic Banks and Sukuk Ratings Methodology in Manama, Kingdom of Bahrain on 17 – 18 September 2017.

This Seminar will provide a great opportunity to engage in the process, methodology, and outcomes of credit ratings, to understand their vital role in assessing the creditworthiness of sovereigns, Islamic banks, and Islamic financial market instruments; a fundamental understanding of the components that result in a high or low rating. Participants will be involved in insightful discussions with senior directors from S&P Global Ratings, and the seminar material will be designed accordingly.

The Seminar will cover areas such as Sovereign Ratings Criteria, Bank Specific Rating Factors, Islamic and Conventional Bank Ratings and Sukuk Rating Methodology. It will also involve a discussion on GCC Sovereign Ratings Outlook and Banking Industry Country Risk Assessment as well as recent trends and updates on Sukuk issues and rating cases among many other topics.

This Seminar is an initiative that is aligned with CIBAFI’s endeavor to enhance capacity building in the Islamic Financial Services Industry (IFSI). CIBAFI, as the ‘voice’ of the industry, aims to provide platforms such as these to develop human capital and bring industry professionals together to encourage dialogue and enhance knowledge sharing on most relevant matters of the IFSI. It is also part of S&P Global Ratings’s long standing journey of providing market intelligence and developing Islamic financial markets and regional capital markets.

Please get in touch with CIBAFI Secretariat for any enquiries & registration, at events@cibafi.org ; or at telephone number +973 17357300.

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About the General Council for Islamic Banks and Financial Institutions (CIBAFI)
CIBAFI is an international organization established in 2001 and Headquartered in the Kingdom of Bahrain. CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC).  CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives. With over 120 members from 32 jurisdictions, representing market players, international intergovernmental organizations and professional firms, and industry associations.

For more information about CIBAFI, please visit www.CIBAFI.org

Tel: +973 17357300  Email: media@cibafi.org

About S&P Global Ratings
S&P Global Ratings and its predecessor organizations have been in business for more than 150 years. They are the world’s leading provider of credit ratings across industries, asset classes and geographies. Whether you are looking to access and diversify pools of funding, access new markets, or enhance transparency, S&P Global Ratings goal is to help clients, investors, credit counterparties and other market participants - make decisions with confidence.

S&P Global Ratings is part of S&P Global, the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets. Other S&P Global’s divisions are:

  • S&P Global Market Intelligence

  • S&P Dow Jones Indices

  • S&P Global Platts

  • S&P Global’s goal is to provide the essential intelligence you need to make decisions with conviction

© Press Release 2017