Pakistan reports 30 pct growth in Islamic banking assets during FY2019-2020
Published 24 Mar,2021 via Dawn - Pakistan has recorded a 30 per cent growth in Islamic banking assets during the 2020 fiscal year.
According to a report released by the State Bank of Pakistan on Wednesday, the overall deposits of the Islamic banking industry have also shown a growth of 27.8pc in 2020.
This, the report said, is the highest increase in assets in a year since 2012 and in deposits since 2015.
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Dawn