Independent credit opinions for the Libyan market
SANAD Credit Rating Agency (SCRA) is one of Libya's earliest licensed credit rating agencies, established to bring international-standard credit assessment capabilities to the Libyan financial market. We operate under the supervision of the Libyan Capital Market Authority (CMA) in accordance with Regulation No. 38 of 2024.
To provide independent, transparent, and rigorous credit ratings that support the development of Libya's capital markets and enable informed investment decisions.
To be the trusted standard for credit risk assessment in Libya and the broader North African region.
Our ratings are free from commercial pressure and conflicts of interest.
Our methodologies and criteria are publicly available and consistently applied.
We adhere to the highest ethical standards in all our assessments.
We employ rigorous analytical frameworks aligned with international best practices.
The license covers credit rating and valuation activities — see the Regulatory page for the full licensing and compliance framework.