Islamic Finance
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Saudi Arabia’s Islamic banks lending grow by a record 17.9% in 2021
Lending by Islamic banks grew by 17.9 percent in 2021 — the highest annual rate on record, according to data released by the Saudi Central Bank also known as SAMA. Total financing provided by Islamic banks amounted to SR1.72 trillion ($459 billion) in 2021, whereas loans issued by the Kingdom’s…
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Click here to read the full story: Arab News