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Southeast Asia's Islamic banking market set for 8% growth, says S&P

Published on: Tuesday 10 May 2022

Southeast Asia's Islamic banking market set for 8% growth, says S&P KUALA LUMPUR (May 11): Southeast Asia's US$290 billion (about RM1.27 trillion) Islamic banking market market is poised to grow at a compound annual growth rate of about 8% over the next three years, primarily led by Malaysia and Indonesia. In a report titled "Growing Belief In Southeast Asia's US$290 Billion Islamic Banking Market” released on Wednesday (May 11), S&P Global Ratings said Southeast Asia is the world's third largest Islamic banking...


News source: https://www.msn.com/en-my/money/topstories/southeast-asias-islamic-banking-market-set-for-8percent-growth-says-sandp/ar-AAX8poF

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