Analysis: Islamic banks set to thrive after Qatar ban boost

Islamic finance has been given the boost it needed in the Gulf by a Qatari ban on conventional banks offering sharia-compliant services.
Qatar's move last month draws a line in the sand between Islamic banks and their conventional peers, which control 83 percent of the region's banking assets.
If Qatar's move to separate conventional and sharia-compliant operations is mirrored by other central banks eager to prove their commitment to the nearly $1 trillion Islamic finance industry, this will be higher.

You may also like...