IslamicFinance.de

In 2010 Qatar Islamic Bank signed a Memorandum of Understanding with Banque Populaire Caisse d'Epargne, France's second largest banking group, in order to gain access to the French retail banking and small medium-size business markets. Recently, Paris Europlace signed an agreement with AAOIFI paving the way for greater cooperation to drive the development of Islamic finance in France.

Martin Morris reported on 10 February on Arabianbusiness that Moody's Investors Service, has assigned Baa1 long-term and Prime-2 short-term local and foreign currency issuer ratings and a D+ bank financial strength rating (BFSR) to Bahrain Islamic Bank. (BisB). The rating outlook is stable.