經濟快照：伊斯蘭銀行業

At the end of the first quarter of 20008, Islamic banks comprised 13.4% of UAE’s banking assets, according to Kuwait’s Global Investment bank. The sector is on the move with strong growth, rising share of the total banking market, new products and strong deposits. According to this report, the sector is introducing innovative products to account for new market needs. Among these products are Ijarah and Murabaha.

中東的許多銀行已經擁有伊斯蘭銀行部門，甚至將現有的非伊斯蘭子公司轉變為伊斯蘭子公司。報告接著提到，過去5年伊斯蘭銀行存款的複合年增長率上升了44%。

A previous report by SIS International Market Research indicates that Islamic Banking has attracted a key market of banking clients, high net-worth individuals (HNWI’s), particularly in the Gulf. While Bahrain is traditionally known as a hub for Islamic banking, banks in the UAE and Qatar are making in-roads into the market by creating Islamic Financial Services subsidiaries.

Recently, a Singaporean Islamic Bank is expanding in the Gulf. Non-gulf Islamic Banks like DBS based out of Singapore have their eye on expansion in the Middle East. The Islamic Bank of Asia, a subsidiary of DBS, expanded in Bahrain in the past year. The bank is further considering expansion into UAE, Saudi Arabia, Kuwait and Qatar.

Source “Gulf Business” June 2008.