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IIRA voted the Best Islamic Rating Agency

United Arab Emirates: Tuesday, January 16 - 2007 at 12:31
PRESS RELEASE

The Islamic International Rating Agency (IIRA) has been voted the Best Islamic Rating Agency in 2006 according to a poll conducted by Islamic Finance News.

A record total of 1,232 votes were cast in the 31 contested categories in the Islamic Finance News 2006 Best Islamic Banks Poll. Of these, 143 were rejected owing to irregularities found during the due diligence process. Therefore a total of 1,089 votes counted towards the final results. Islamic finance issuers, investors, non-banking financial intermediaries and Government bodies from around the word were invited to participate.

Jamal Abbas Zaidi, Chief Executive Officer of IIRA commented:

"We are very pleased with this result and resolve to continue to provide high quality, reliable and independent rating services for the development of Islamic capital market and Islamic financial services industry on a global basis to gain recognition locally and internationally as strong and capable financial institutions, adhering to greater standards of disclosure and transparency."

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Related site: http://www.iirating.com

Notes and media contacts

Islamic International Rating Agency
P.O. Box 20582
Manama, Kingdom of Bahrain
Ph: +973 17211606,
Fax: +973 17211605

Posted by Lara Lynn Golden, News Editor
Tuesday, January 16 - 2007 at 12:31 UAE local time (GMT+4)

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IIRA voted the Best Islamic Rating Agency

The Islamic International Rating Agency (IIRA) has been voted the Best Islamic Rating Agency in 2006 according to a poll conducted by Islamic Finance News.

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