11.08.2009 - Islamic bank ratings remain stable despite rapid growth
From Globalarabnetwork.com: Moody's Investors Service says that the ratings of entities in the fast-growing Islamic banking sector are stable, largely thanks to their ample liquidity, high profit margins and conservative leveraging. Nevertheless, Moody's cautions in its latest report on the sector that future upgrades may be constrained by issues relating to Islamic banks' under-utilised excessive liquidity, inadequate corporate governance and weak risk management, particularly in terms of the handling of asset-liability maturity mismatches...........Full Article: Source