Islamic Banking, or Sharia’ compliant banking, has been on the rise throughout the Middle East region over the past 5 years. Such has also given rise to a number of new retail products being launched and has fueled the entrance of new players within this category. Even foreign institutions have joined the bandwagon.
Jordan is no exception to this trend, which has been specifically evident in the past few years, with growth both in terms of market shares and demand. (Press Release)