Demand for Shariah-compliant financing remained strong, with growth of 4.9% in 2022, taking total financing to AED 536.4 billion

ABU DHABI, 14th July, 2023 (WAM) – The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 affirmed the UAE Islamic banking sector assets continued to grow in 2022 to account for 23.0% of total UAE banking sector assets. In line with the overall banking sector, profitability contin...