Islamic banking industry continued its double digit growth during 2015 as depicted by year-on-year (YoY) growth of the industry’s assets by 27.9 percent and deposits by 28.5 percent respectively; Asset base of Islamic banking industry stood at Rs 1.6 trillion while the deposits base reached to Rs 1.3 trillion. In terms of share Islamic banking constitutes 11.4 percent in assets and 13.4 percent in deposits of overall banking industry.

The YoY growth of assets and deposits of Islamic banking industry is higher than the YoY growth of overall banking industry which was 16.8 percent for assets and 12.6 percent for deposits during 2015.

For more details please see: Islamic Banking Bulletin December 2015.

List of Islamic Banking Institutions (click here)

As of Dec 2015  Number of IBIs:   22  Number of Branches:  2075