Fitch Ratings is a globally recognized credit rating agency and a leading authority in the Islamic finance sector. With a dedicated Islamic Finance Group, Fitch provides independent credit ratings, in-depth research, and analytics for a wide range of Shariah-compliant financial instruments and institutions worldwide. The firm is renowned for its expertise in rating sukuk (Islamic bonds), Islamic banks, takaful (Islamic insurance) companies, and Islamic funds, offering sector-specific insights that help investors, issuers, and regulators make informed decisions.

Fitch’s Islamic finance coverage spans key markets in the Middle East, Asia, Africa, and Europe, including Saudi Arabia, the UAE, Qatar, Malaysia, Indonesia, Nigeria, and the UK. As of 2024, Fitch rates more Islamic banks and sukuk instruments than any other global agency, with over USD 184 billion in outstanding sukuk under its coverage. The agency is also known for its tailored research and rating criteria, addressing the unique features and risks of Islamic financial products and institutions.

Led by a global team of analysts and industry experts, Fitch Ratings is recognized for its analytical rigor, transparency, and commitment to advancing the Islamic finance industry. The firm has received multiple industry accolades, including Best Islamic Finance Rating Agency and the GIFA Excellence Award. Through its ratings, research publications, and thought leadership events, Fitch Ratings plays a pivotal role in supporting the growth, stability, and global integration of Islamic finance.

Bashar Al Natoor
Global Head of Islamic finance at Fitch Ratings
bashar.alnatoor@fitchratings.com
+971 5 545 02004