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Islamic Finance Briefing - Categorized | Banking, Performance more

Pakistan: Islamic banks post remarkable growth in third quarter

Posted on 29 December 2009

From Pakwatan.com: The Islamic Banking Institutions (IBIs) have posted remarkable growth as compared to conventional banking and maintained their profitability with growth in assets and deposits during the third quarter ended September 30, 2009.
According to Quarterly Performance Review of the Banking System of the State Bank of Pakistan (SBP) share of Islamic Banking in assets of banking industry has also registered increase, reaching 5.3 percent in September 2009 as compared to 4.9 percent in December 2008…………………………………..Full Article: Source

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