I am looking to book RAK-MAD-JFK (in J for both segments) with a 55-min connection at MAD. It will be on one booking, so my bags should be checked through. My understanding is that as both origin (i.e. RAK) and destination (i.e. JFK) are outside the EU then there should be no customs/immigration to deal with and I believe both flights would arrive/depart from the same terminal at MAD.

Can anyone advise:
- Is this option insanely risky?
- If I miss the connection, will IB just put my in an airport hotel and rebook me on the next MAD-JFK flight?
- Is it likely that my checked bags make it to the second fight?

There is only one RAK-MAD flight on IB per day, and there is already the latter of the two daily MAD-JFK flights.