Islamic Development Keeps Top Rating
The Islamic Development Bank’s ‘Aaa’ Long-term issuer rating was reaffirmed with a “Stable Outlook” by Moody’s.
The affirmation of these ratings by Moody’s for the 10th consecutive year reflects the Bank’s
- Strong shareholder support;
- The institution’s preferred creditor status;
- Strong capital base and prudent financial and risk management policies
- Solid liquidity levels.
The IsDB remains amongst the most highly-rated MDBs and the highest in the Muslim World. The ‘Aaa’ rating enhances the Bank’s financial capacity to fulfil its development mandate and play a leading role in the development of the Islamic Finance Industry.
