www.ameinfo.com -
KFH-Turkey Chairman and Kuwait Finance
House (KFH) CEO Mohammed Al-Omar announced that KFH-Turkey's net profit
in Quarter 1 reached TL87m with 18% increase compared to last year.
Assets increased by 43 % to reach TL15bn, while shareholders'
equity increased to reach TL1.5bn (17%). Branches increased by 25
branches to reach 183 branches. It is worth noting that 10% of deposits
of Q1 come from GCC countries. (source)
Showing posts with label assets. Show all posts
Showing posts with label assets. Show all posts
Sunday, 20 May 2012
Thursday, 17 November 2011
WORLD - Islamic banking assets could reach $1.8 trillion by end of 2016
JEDDAH: Islamic banks may be bolstered by a nearly doubling of assets within five years, as borrowers seek alternative methods of financing due to a cutback in lending at European and US banks, according to a report by Deutsche Bank.
The bank expects that mortgage financing, particularly in Saudi Arabia, could provide $100 billion in assets to the overall industry. (source)
Tuesday, 27 September 2011
WORLD - Ernst & Young: The growth of Islamic assets Funds 7.6% in 2010
234next.com - Ernst & Young said on Monday that the assets held by Islamic funds around the world, jumped 7.6 percent in 2010 to 58 billion dollars, which is due to new cash flows and the strength in fixed income, commodities and alternative investments.
Compared to the origins of Islamic funds $ 53.9 billion in 2009 and 4.51 billion dollars in 2008. (source)
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