Islamic Banks account for 21% of gross domestic credit: CBUAE

ABU DHABI, 15th July, 2024 (WAM) – Gross credit provided by Islamic Banks increased by 1.1 percent in the first four months of 2024 to AED433.7 billion, constituting more than 21 percent of aggregate bank loans and financial facilities, according to banking indicators by bank type - Conventional Ba...