Moody's maintains Islamic Bank's A2 rating
Moody's Investors Service has affirmed the Islamic World Bank's long-term credit rating at (A2), with a stable outlook. The agency highlighted the bank’s financial resilience and its ability to withstand operational changes. The rating is based on strong financial indicators, including a tangible equity-to-assets ratio of 16% and a loan loss coverage ratio of 214%. The agency also noted that the bank primarily relies on local retail deposits, which reduces liquidity and refinancing risks. Additionally, significant government support is highly likely given the robustness of Qatar’s economy.
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