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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Fitch affirms Qatar Islamic Bank at ‘A’

Posted on 25 October 2010

From Cpifinancial.net: Fitch Ratings has affirmed Qatar Islamic Bank’s (QIB) Long-term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook; other ratings are also affirmed and at the same time, QIB Sukuk Funding Limited’s $750 million Sukuk issue of senior unsecured trust certificates has been affirmed at ‘A’
QIB’s IDRs and Support ratings are driven by the extremely high probability of support from the Qatari authorities, if required……………………………………….Full Article: Source

 
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