26.01.2011 - S&P requests comments from constituents of the Islamic financial sector on proposed changes to criteria for rating banks
Standard & Poor's Ratings Services is requesting comments on its proposal to revise its criteria for rating banks and, among them, Islamic banks. On Jan. 6, 2011, we published a request for comment on proposed changes to our criteria for rating banks and institutional brokers. The proposed criteria aims to provide additional insight into the way we rate banks, including Islamic banks, as well as enhance ratings comparability across sectors and geography. Our objective is to create an integrated, globally consistent framework that builds on what we know and have learned about the industry since the credit crunch began in 2007..............................................Full Press Release: Source
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