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Pakistan: SBP posts highest growth in Islamic banking assets, deposits

25 Mar 2021 | Thursday Source: Business Recorder

The overall assets and deposits of the Islamic banking industry have shown tremendous growth of 30 percent and 27.8 percent, respectively, during CY2020.

This is the highest increase in assets in a year since 2012 and in deposits since 2015. Over the last five years, both assets and deposits of the Islamic Banking Industry have more than doubled.

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