Islamic Finance
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GCC Islamic banks’ growth expected to moderate in 2017-18
The economic slowdown experienced by the GCC countries following the oil price decline and consequent fiscal tightening will continue to apply pressure on asset growth and profitability of banks including Islamic banks in 2017 and 2018, according to rating agency Standard & Poor’s. S&P forecasts oil prices will stabilise at…
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Click here to read the full story: Gulf News