gulf banks

Islamic banks to outperform conventional banks in GCC, predicts Moody’s

Islamic banks to outperform conventional banks in GCC, predicts Moody’s

  • GCC Islamic banks are projected to maintain a net profit margin advantage and superior returns on assets
  • Profitability will remain robust over the next 12 to 18 months, driven by steady oil prices and large-scale economic diversification plans by governments
By Miguel Hadchity ·