MARC Ratings Berhad, a wholly-owned subsidiary of Malaysian Rating Corporation Berhad (MARC), has been recognised as Best Islamic Rating Agency in Malaysia at The Asset Triple A Islamic Finance Awards 2025, strengthening its position as a trusted credit rating agency in the Islamic finance sector.
The annual awards, organised by Hong Kong–based financial publication The Asset, honour excellence among financial institutions and market participants driving the growth of Islamic finance globally. MARC Ratings was selected for its track record in providing independent and rigorous credit opinions, particularly on sukuk and project finance transactions that form the backbone of Malaysia’s Islamic capital market.
Arshad Mohamed Ismail, Group Chief Executive Officer of MARC and Chief Executive Officer of MARC Ratings, said the award reflects the agency’s commitment to ensuring transparency in its reporting and building investor confidence in the Malaysian capital market. “We are honoured to receive this recognition from The Asset, which underscores the trust placed in us by issuers, investors, and stakeholders in the Islamic finance ecosystem. Over the years, MARC Ratings has focused on providing credit rating analyses that support the growth and resilience of Malaysia’s Islamic capital market. Our aim has always been to promote market transparency, encourage best practices, and provide investors with the insights they need to make informed decisions. This award motivates us to continue expanding our rating coverage, enhancing our analytical capabilities, and contributing to the development of a sustainable and dynamic Islamic finance industry in Malaysia,” he said.
Malaysia continues to play a central role in the development of Islamic finance, with sukuk issuances driving capital market growth. MARC Ratings has contributed to this progress through its robust analyses, transparent rating methodologies, and forward-thinking thought leadership initiatives designed to support sustainable market growth.
The award marks another milestone for MARC Ratings as the rating agency continues to enhance its rating coverage to meet the evolving needs of the market.
