Press Releases
Displaying 1-9 of 9 results.
Thursday, Aug 10, 2023
MARC Ratings has affirmed its long-term and short-term financial institution (FI) ratings of AAA/MARC-1/Stable on Islamic Development Bank (IsDB). Concurrently, MARC Ratings has affirmed the rating of AAAIS on the Sukuk Wakalah programme of up to RM400 million issued by Tadamun Services Berhad, a trust established by IsDB. The affirmed FI ratings continue to be driven by IsDB’s status as a ...

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Thursday, Aug 04, 2022
MARC Ratings has affirmed its financial institution (FI) ratings of AAA/MARC-1 on Islamic Development Bank (IsDB). The rating agency has concurrently affirmed its AAAIS rating on the Sukuk Wakalah programme of up to RM400 million issued by Tadamun Services Berhad, a trust established by IsDB. The ratings outlook is stable.The FI ratings incorporate IsDB’s preferred creditor status as a multilate...

This article has been viewed 317 times.
Monday, Sep 06, 2021
MARC has affirmed its financial institution (FI) ratings of AAA/MARC-1 on Islamic Development Bank (IsDB). The rating agency has concurrently affirmed its AAAIS rating on the Sukuk Wakalah programme of up to RM400 million issued by Tadamun Services Berhad, a trust established by IsDB.The FI ratings are driven by the preferred creditor status of IsDB as a multilateral development bank established b...

This article has been viewed 429 times.
Friday, Jun 19, 2020
MARC has affirmed its financial institution (FI) ratings of AAA/MARC-1 on Islamic Development Bank (IsDB), as well as its rating of AAAIS on the Sukuk Wakalah programme of up to RM400 million issued by Tadamun Services Berhad, a trust established by IsDB. The outlook on the ratings is stable.The affirmed FI ratings reflect IsDB’s preferred creditor status as a multilateral development bank (MDB)...

This article has been viewed 596 times.
Monday, Jul 29, 2019
MARC has affirmed its financial institution (FI) ratings of AAA/MARC-1 on Islamic Development Bank (IsDB). Concurrently, the rating agency affirmed its rating of AAAIS on the Sukuk Wakalah programme of up to RM400 million issued by Tadamun Services Berhad, a trust established by IsDB. The outlook on the ratings is stable. The affirmed FI ratings reflect IsDB’s strong capitalisation, healt...

This article has been viewed 723 times.
Tuesday, Aug 28, 2018
MARC has affirmed its financial institution (FI) ratings of AAA/MARC-1 on Islamic Development Bank (IsDB). Concurrently, the rating agency affirmed its rating of AAAIS on the Sukuk Wakalah programme of up to RM400 million issued by Tadamun Services Berhad (Tadamun), a trust established by IsDB. The outlook on the ratings is stable. IsDB’s status as a multilateral development bank (MDB), i...

This article has been viewed 943 times.
Tuesday, Aug 15, 2017
MARC has affirmed its long- and short-term financial institution (FI) ratings of AAA and MARC-1 respectively on Islamic Development Bank (IsDB). Concurrently, the rating agency affirmed its AAAIS rating on the Sukuk Wakalah programme of up to RM400 million issued by Tadamun Services Berhad (Tadamun), a trust established by IsDB for the purpose of issuing the sukuk. The outlook on the ratings is s...

This article has been viewed 971 times.
Friday, Jun 17, 2016
MARC has assigned a final rating of AAAIS to Islamic Development Bank’s (IsDB) proposed Sukuk Wakalah (Sukuk) issuance of up to RM400.0 million by Tadamun Services Berhad (Tadamun), a trust established by IsDB for the purpose of issuing the sukuk. The outlook on the rating is stable. Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of ...

This article has been viewed 1099 times.
Thursday, Jun 16, 2016
MARC has assigned long-term and short-term financial institution (FI) ratings of AAA and MARC-1 respectively to the Islamic Development Bank (IsDB). The ratings are on the Malaysian national scale. Concurrently, the rating agency has assigned a preliminary rating of AAAIS to the proposed Sukuk Wakalah (Sukuk) issuance of up to RM400 million by Tadamun Services Berhad (Tadamun), a trust establishe...

This article has been viewed 1148 times.