| Database: Global Islamic Finance Monitor |
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Latest Developments : Strategic Direction : Country Focus
![]() With growth rates of 20 to 30 percent and over 300 institutions established, Although the share of Islamic banking is still relatively small compared to conventional banks, there is no doubt, Middle East Dubai, Bahrain and Doha are the leading centres for Islamic finance in the Middle East. The region benefits from Within the United Arab Emirates, Islamic finance industry has increased its share of total bank assets, from 8.8% |
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