Al Mustashar Islamic Bank – Ratings Withdrawn

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the credit ratings of Al Mustashar Islamic Bank for Investment and Finance (MIB or the Bank). The Bank's ratings had been initially suspended on 29 January 2025 due to the lack of up-to-date financial data. The requested financial data from MIB have still not been forthcoming since the ratings suspension despite repeated requests. Accordingly, CI has withdrawn the ratings and outlook and ceased analytical coverage of MIB.

Attachments

• CI Ratings Announcement (CRA)
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