Fitch Ratings has appointed Bashar Al Natoor as its new global head of Islamic finance, based in Dubai.

In this new role, Al Natoor will coordinate all Islamic finance activities and expertise across Fitch’s sovereign, financial institutions, corporate, structured finance, infrastructure and insurance teams, bringing together dedicated analytical and industry expertise into a centralised and focused group.

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Al Natoor has more than 14 years’ experience in the Islamic Finance market. Since joining Fitch in 2007, he has overseen Fitch’s Sukuk criteria and Islamic finance practices, undertaken research and written numerous published articles on Islamic finance.

Prior to joining Fitch, Al Natoor spent seven years at the Islamic Development Bank (IDB) in key roles including investment officer in the treasury department, a senior credit analyst in risk management and senior technical assistant to the vice president of finance & administration.

As well as being involved in the rating process of Islamic finance instruments, the Islamic finance group will continue to closely monitor and report on this rapidly growing sector, produce specialised research and commentary as well as criteria development.

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