Qatar International Islamic Bank retains A credit rating from Moody's
The leading Islamic bank’s head said the rating reflects its ability to withstand the COVID-19 pandemic.
The American credit rating agency Moody’s has given Qatar International Islamic Bank a top rating for its performance during the pandemic.
The New York-based firm rates the ability of governments and financial institutions to pay back their debt. Moody’s gave the Qatar International Islamic Bank an A2/Prime-1 rating yesterday. This rating indicates a bank has a stable operating environment and valuable assets, among other things.
