Monday 12, December 2016 by Robin Amlôt

Fitch Ratings: Qatari Islamic banking developing with a competitive edge

The growth rate of Islamic banks in Qatar was 7.2 per cent, while conventional banks grew at about 6.5 per cent in 1H16, mainly due to higher retail and real estate financing. Islamic banks accounted for 25.2 per cent of total financing at end-1H16, against 25 per cent at end-2015 (including Qatar National Bank’s acquisition of Turkey’s Finansbank, Islamic banks had 23 per cent at end-1H16).

Features & Analyses

Investment Banking Creating a diverse bond market

In an exclusive mini roundtable, Nabilah Annuar, Banker Middle East Editor, sits down with Michael Grifferty, President of the Gulf… read more