Published on 10 Dec 2018.
RAM Ratings was named Best Rating Agency 2018 at the recent Islamic Business & Finance - South-East Asia (SEA) awards ceremony, held at the InterContinental Hotel Kuala Lumpur. This is the second consecutive year that RAM has won the award in recognition of its outstanding services and contributions to Islamic finance, particularly sukuk.
“It is an honour for RAM to once again be acknowledged for our efforts in promoting sukuk in Malaysia and the region. The receipt of Islamic Business & Finance’s inaugural award last year and again this year highlights RAM’s dedication and contribution to the global sukuk market. We would like to extend our thanks and appreciation to our clients and associates for their continuous support,” expressed Foo Su Yin, CEO of RAM Ratings.
The Islamic Business & Finance SEA Awards recognise the very best in Islamic/Shari'ah-compliant banking products and services, as well as the best performing Shari'ah-compliant financial institutions
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About RAM Rating Services Berhad
RAM Ratings 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 the largest in ASEAN. RAM Ratings, the leading credit rating agency in ASEAN today, was recognised by The Edge as The Most Influential Rating Agency in 2002, and also won The Asset’s Triple A Awards Rating Agency of the Year in 2015, 2016 and 2017. Operating out of the world’s largest Islamic finance hub, our experience and knowledge as a leading rating agency in sukuk have been consistently recognised, with numerous accolades such as Best Islamic Rating Agency in 2012 and 2016, and Most Outstanding Islamic Rating Agency between 2011 and 2013.
Our rated portfolio is defined by our strong presence in Malaysia and Asia as well as the GCC region. We continue to serve the global investment community through our ASEAN and global rating scales. On 26 May 2016, RAM joined the line-up of 6 pioneer credit rating agency signatories to the United Nations-supported Principles for Responsible Investment’s Statement on Environment, Social and Governance in Credit Ratings.