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,...