Paris, France
25 November 2008

Islamic Banking in the Middle East
and North Africa

Table of Contents

Return to report Abstract

Executive Summary 3
Introduction 5
Middle East: The Most Developed Islamic Banking Market 7
Saudi Arabia: The Most Mature Islamic Banking Market 11
Kuwait: Islamic Banking Drives the Banking Market Growth 15
Qatar: A Booming Islamic Banking Market 19
The United Arab Emirates: A Market in Growth Phase 24
Bahrain: A Leading Islamic Financial Centre 28
Approaches to International Expansion Islamic Banking in Turkey: A Strong Growth Potential 32
North Africa: A Propitious Market for Islamic Banks' Expansion 37
Egypt: A Pioneer in Islamic Banking 40
Sudan: The Most Islamized Banking Market in Africa 43
Algeria, Morocco, Tunisia, and Libya: Appealing Countries for Islamic Banking 46
Conclusions 48
 

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