Size will matter in Islamic banking
Fastest Growing Islamic Banks by Net Income
Fastest Growing Islamic Banks by Assets
Fastest Growing Islamic Banks by Assets | |||||
Figure in $ at December 31 2007 | |||||
Rank | Country of incorporation | Bank | Total assets 2007 | Total assets 2006 | Asset growth % |
1 | Bahrain | Khaleeji Commercial Bank | 730,501,480 | 255,745,875 | 186 |
2 | Bahrain | International Investment Bank | 257,320,000 | 94,532,000 | 172 |
3 | Bahrain | Venture Cpital Bank | 222,006,000 | 90,922,000 | 144 |
4 | Bahrain | Al Salam Bank | 1,078,158,668 | 499,690,336 | 116 |
5 | Sudan | United Capital Bank | 197,421,108 | 96,385,416 | 105 |
6 | Malaysia | CIMB Islamic Bank Berhad | 2,713,698,267 | 1,359,372,681 | 100 |
7 | UAE | Dubai Bank | 2,973,005,127 | 1,513,960,937 | 96 |
8 | Malaysia | Affin Islamic Bank Berhad | 1,891,952,479 | 1,106,312,066 | 71 |
9 | Bahrain | Capivest | 325,000,000 | 195,396,424 | 66 |
10 | UAE | Emirates Islamic Bank | 4,616,888,499 | 2,852,421,075 | 62 |
Source: IFIS (Islamic Finance Information Service) |