[RAM] RAM Ratings withdraws rating of Alliance Islamic's RM300 mil Islamic Commercial Papers Programme

RAM Ratings has withdrawn the P1 rating of Alliance Islamic Bank Berhad’s (Alliance Islamic) RM300 mil Islamic Commercial Papers Programme (2019/2026) (last affirmed on 31 Jul 2025) upon receiving confirmation from the facility agent that the programme has matured. As such, we no longer have any rating obligation in respect of the facility.

We will, however, maintain surveillance on Alliance Islamic’s AA₃/Stable/P1 financial institution ratings and the ratings of its sukuk programme as follows:




Analytical contacts
Lee Yee Von
(603) 2708 8217
yeevon@ram.com.my

Wong Yin Ching, CFA
(603) 2708 8280
yinching@ram.com.my

Media contact
Sakinah Arifin
(603) 2708 8212
sakinah@ram.com.my