Islamic Finance
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Islamic banks' assets up to $177bln by end of March 2023: CBUAE
Gross assets of the Sharia-compliant banks operating in the UAE grew to AED650 billion ($177 billion) by the end of Q1-2023, an annual increase of 7.31 percent, equivalent to nearly AED44.3 billion, against about AED605.7 billion in March 2022, according to figures by the Central Bank of the UAE (CBUAE)….
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