Saturday 23 November 2024
 
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Islamic banking assets

Global Islamic banking assets to top $920bn

Global Islamic banking assets with commercial banks are set to exceed $920 billion in 2015, a report said, noting that the sector continues to see strong growth with a compounded annual growth rate of about 16 per cent. Meanwhile,

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Islamic banking assets to top $778bn in 2014

Islamic banking assets with commercial banks in international markets are set to exceed $778 billion this year, a report said, adding that the global profit pool of Islamic banks is set to triple by 2019. Global Islamic banking as

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Bahrain Islamic banking assets soar 50pc

The total value of Islamic banking assets in Bahrain increased by 50 per cent last year to $24.6 billion from $16.4 billion in 2007, according to figures issued by the Central Bank of Bahrain (CBB). This increase, at a time when traditiona

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