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Gulf Islamic banks’ profitability expected to be less affected by Covid: Kamco-Invest

The profitability and the topline of Islamic banks in the Gulf Cooperation Council are expected to be less affected by Covid-19 compared to those of conventional lenders in the region, according to Kamco-Invest. The growth in Islamic banks’ assets and deposits has been around 8% in 2019 vs 2018 whereas…

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Click here to read the full story: Gulf Times

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