Moody's: IsDB's strong shareholder support and capital base support its credit profile

According to Moody's latest report, the Islamic Development Bank's (IsDB) credit profile is supported by its strong shareholder support, robust capital base and prudent financial and risk management policies. While facing a risky operating environment due to geopolitical tensions in the MENA region and lower oil prices, the IsDB's operational assets continue to perform well. The bank's gross operational assets have been steadily growing over time and rose 11.7% year-on-year in 1436H, but the pace of that growth will likely slow in the next few years. The overall credit quality of the bank's portfolio is solid, well diversified in different countries and sectors. Its liquidity is solid, with liquid assets making up 23.6% of total assets.