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Islamic banks in Qatar world's most efficient in the industry: Study

Shariah-principled lenders in Qatar, led by Masraf Al Rayan and QIIB, were the most efficient in global Islamic finance industry in terms of cost-to-income ratio, a key financial measure used to gauge the efficiency of a bank, according to a study. Masraf Al Rayan's cost-to-income ratio was 20.6%, QIIB 24.47%,…

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