28.03.2013 - Islamic banking assets in GCC jump 14pct, paced by Qatar
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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