Islamic banking continues to expand despite pandemic: Fitch

Islamic banking continues to expand despite pandemic: Fitch. [Newspaper] (2021)


KUALA LUMPUR: Malaysia’s Islamic banking sector continued to expand amid economic challenges brought on by the Covid-19 pandemic, said Fitch Ratings. Malaysia also continued to be the largest Islamic banking, sukuk and takaful market in Asean, it added. The credit rating agency said the share of Islamic financing in the banking system reached 37 per cent by the end of 2020 compared with 35 per cent at end-2019.

Item Type: Newspaper
Keywords: Islamic banking, Banking system, Gross domestic product, Investment, Debt
Taxonomy: By Subject > Business & Management > Economics
By Subject > Business & Management > Finance
Local Content Hub: Subjects > Business & Management
Depositing User: Normah Sadaiee
Date Deposited: 28 Jun 2021 09:51
Last Modified: 28 Jun 2021 09:51
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