Significant Role of Islamic Banks Revealed in Central Bank's Latest Report
Tuesday, 16 July 2024, 04:14
Key Findings:
Islamic Banks Share in Credit Market
- 21%: Islamic banks' portion of gross domestic credit
- 1.1% Increase: Growth in gross credit over the first four months of 2024
The latest report from the Central Bank has shed light on the significant role played by Islamic banks in shaping the credit market. With a considerable share of 21%, these institutions are making their mark in the financial sector, as evidenced by the recent 1.1% surge in gross credit.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.