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FINANCIAL NEWS
Islamic finance to grow to more than USD2 trillion
03 Jan 2014
(MENAFN) Islamic finance is expected to significantly grow in 2014 and its volume will reach more than USD2 trillion, according to Saudi Gazette.
Islamic banking dominating will grow by 78 percent, sukuk at 16 percent, takaful at 1 percent, Islamic funds at 4 percent and Islamic microfinance with 1 percent.
Dubai and London are expected to be strong competitors in 2014 to become the global hub of Islamic banking and finance.
More News
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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