Fitch Reaffirms Al-Dowali Al-Islami Grade A

According to Fitch, the credit rating for Qatar International Islamic Bank ("International Islamic") has been maintained at an A level, with the short-term rating affirmed at "F1" and a negative watch. The rating is primarily supported by Qatar's strong sovereign support and high financial strength, as well as the bank’s asset quality and sustainable profitability, with the non-performing financing ratio declining to 2.6% and the debt coverage ratio reaching 100% by the end of the first quarter. The bank emphasizes its stability and financial strength amidst current economic conditions.

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