13.12.2011 - Pakistan: Islamic banking posts 17.5 pct growth
Islamic banking industry (IBI) continued to grow and it posted 17.5 percent growth in total assets during the first half of current calendar year 2011 (CY11). Earning indicators of Islamic banks also outperformed those of the overall banking sector for the first time, as Return On Assets (ROA) for the period under review increased from 0.8 percent to 1.6 percent. Similarly, Return On Equity (ROE) surged to a healthy 16.5 percent from 5.2 percent as of December 10...............................................Full Article: Source
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