Middle East Economic Survey
VOL. LII
No 34
24-Aug-2009
REGIONAL
Islamic Banks Ratings Stable But Facing Future Constraints, Warns Moodys
Moodys Investors Service has announced that the ratings of entities in the Islamic banking sector are stable, thanks to their still ample liquidity levels, resilient capital bases, high asset returns and relatively low funding costs. However, future upgrades may be constrained by Islamic banks under-utilized excessive liquidity, considerable exposure to property,...
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