Islamic Finance
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GCC’s Islamic banking penetration makes a big leap
Islamic banking penetration in the GCC increased to 45 per cent as of September 2017 from 31 per cent in 2008, according to rating agency Moody’s. Islamic financing asset growth rate will remain stable in 2018 but will continue to outpace conventional counterparts, underpinned by governments’ continued strategic objective to…
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Click here to read the full story: Gulf News