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Islamic Finance Briefing - Categorized | Banking, Performance more

Islamic banking assets in GCC jump 14pct, paced by Qatar

Posted on 28 March 2013

Islamic banking assets with commercial banks in the Gulf Cooperation Council region leapt 14% in 2012, paced by Qatar, according to Ernst & Young’s Global Islamic Banking Center.
During the same period, conventional assets held in these banks grew by just 8.1%, the data, contained in a report on the E&YGIBC website, shows, although the pace of the growth of the Islamic banking assets was below that of the five-year average rate for the region, of 19%………………………………………..Full Article: Source

 
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