News Column

UAE: Islamic banking assets top $95bn

August 1, 2014



Total UAE Islamic banking assets reached approximately $95 billion in 2013, against $83 billion in 2012, a report by Dubai chamber of commerce - based on a recent study by Ernst and Young - said. The report showed that the compound annual growth rate for UAE Islamic banking assets is expected to be about 17 per cent from 2013 to 2018, the Gulf News quoted the report as saying.


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Source: Gulf, The (Bahrain)


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