Jeddah, 13 May 2025 – The Islamic Development Bank’s “AAA” credit rating was affirmed with a “Stable Outlook” by Fitch Ratings. The trust certificates issued by IDB Trust Services Ltd and IsDB Trust Services No. 2 SARL have also been affirmed at ‘AAA’

This affirmation reflects strong confidence in IsDB’s financial and operational sustainability, underpinned by excellent capitalization, strong liquidity buffers, and a steadily expanding development footprint across its member countries.

Fitch revised its assessment of the Bank’s business profile risk from ‘medium’ to ‘low risk’, citing the increasing policy relevance of IsDB, particularly through its leadership role within the Arab Coordination Group and deepening partnerships with development institutions globally.

Dr. Zamir Iqbal, Vice President of Finance at IsDB, welcomed the recognition, stating:

“We are pleased that Fitch has acknowledged the growing policy importance of the Bank and its strengthened business profile. This uplift reflects our ongoing commitment to being a reliable development partner for our member countries and the international community, even amid a complex global economic environment.”

While Fitch noted a moderate credit risk environment due to challenging global macroeconomic conditions, IsDB’s preferred creditor status, stable loan performance, and continued capital inflows remain key factors supporting its strong solvency metrics.

The IsDB remains amongst the most highly rated MDBs and the highest in the Muslim World. The ‘AAA’ rating enhances the Bank’s capacity to mobilize external resources to fulfil its development mandate and play a leading role in development of the Islamic Finance Industry.

The Bank has been rated AAA by Fitch since 2007.

For further information, please visit our website www.isdb.org or contact us by email on ratings@isdb.org.