No rating impact from updated rating Sukuk criteria
It appears that after the update of Rating Sukuk criteria by Fitch Ratings the changes are not significant and therefor it will have no impact on existing ratings. The report outlines Fitch's approach to rating Sukuk.
Fitch analyses the structure of the underlying transaction(s) to comprehend and analyze the contractual cash flows.
While the report focuses on Fitch's recent experience, Islamic finance is in continuing its evolution.