Sunday, 22 September 2013

Saudi Gazette - Qatar’s Islamic banks on a fast track to growth: S&P

Saudi Gazette - Qatar’s Islamic banks on a fast track to growth: S&P:

"The Qatari government’s strategy to grow Qatar as an Islamic banking center means that it is highly supportive of this sector. Islamic banks currently represent one-quarter of Qatar’s banking system in terms of assets, up from 13 percent in 2006, and we anticipate that they will continue to gain market share, Standard & Poor’s ratings services said."

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