Middle East Economic Survey
S&P Assigns Kuwait Finance House A-/A-2 Ratings
Ratings agency Standard & Poors (S&P) on 24 August assigned its A- long-term and A-2 short-term counterparty credit ratings to Kuwait Finance House (KFH), the first time S&P has assigned a full interactive rating to an Islamic financial institution (IFI). The outlook on the ratings is stable. The ratings reflect KFHs leading commercial position, healthy...