Creditworthiness of countries, corporates, Islamic banks, and Sukuk issuers is a key pillar of the investment criteria considered by regional and global investors. Credit Rating Agencies (CRAs) play a vital role in assessing creditworthiness, by providing credit ratings.
Credit ratings are opinions about risk. The ratings express the opinion about the ability and willingness of an issuer to meet its financial obligations in full and on time. Credit ratings can also speak to the credit quality of an individual debt issue, such as a corporate or sovereign bond or sukuk, and the relative likelihood that the issue may default. Moreover, credit ratings may play a useful role in enabling corporations and governments to raise money in the capital markets. Ratings can enhance transparency, demonstrate creditworthiness of issuer, and can also increase access to new markets.
This seminar provides a great opportunity to engage in the process, methodology, and outcomes of credit ratings, to understand their vital role in assessing the creditworthiness of countries, Islamic banks, and Islamic financial market instruments; a fundamental understanding of the components that result in a high or low rating.
Participants will engage in insightful discussions with senior directors from S&P Global Ratings, and the seminar material will be designed accordingly. The seminar is targeting senior attendees from Islamic banks and Islamic financial institutions, regulators and practitioners. It is aimed at those working but not limited to the following functions: Risk Management, Research, Asset Management, Treasury, International Banking, Financial Institutions.