MENA Newswire News Desk: Moody’s Ratings has projected robust growth for Islamic banking in the Gulf Cooperation Council (GCC) over the next 12 to 18 months, predicting that the sector will outperform conventional banking in profitability....
Tag : Islamic banking
The Central Bank of the UAE (CBUAE) has released its latest statistics, revealing a significant surge in the assets of Islamic banks within the country. Over the past 12 months, these institutions have seen their...
Islamic banking in the United Arab Emirates has achieved a significant milestone, surpassing AED700 billion in assets by the end of 2023, marking a historic moment in the country's financial landscape. According to the latest...