Daily Archives: 25 November 2013

GCC Islamic banking assets set to exceed $515 bn by 2013-en

MUSCAT — Global Islamic banking assets with commercial banks reached $1.54 trillion in 2012, according to EY’s Global Islamic Banking Center. This includes both Islamic banks and Islamic windows of conventional banks. The annual growth of the industry remains at 16 per cent (5-year CAGR) which is faster than the growth of conventional banking system […]