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Islamic Finance Briefing - Categorized | Banking, Performance more

Pakistan: Islamic banking share improved 6.4 pct in September

Posted on 07 January 2011

From Brecorder.com: Islamic Banking Industry (IBI) has sustained growth momentum despite prevailing tenuous economic conditions; and overall share of IBI in the country’s banking system also improved to 6.4 percent in September 2010.
The Islamic banking assets, deposits and financing continued exhibiting strong growth with total assets increasing to Rs 424 billion at the third quarter end (September 2010) from Rs 411 billion at the beginning of the quarter; the Year on Year (YoY) growth in the assets was 31 percent…………………………………….Full Article: Source

 
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