Islamic banking deposits in SA have grown 151% in five years
What began as a niche offering has developed into a recognised part of the country’s financial services landscape.
Qatar's Islamic banking sector is experiencing robust growth, bolstered by digital advancements, regulatory advancements, and increasing demand for sukuk and sustainable finance. The Qatar Central Bank's 2025 Financial Stability Report reveals total bank assets increasing by 5.1%, with credit growth in both public and private sectors.
Capital adequacy and liquidity ratios have also improved, while non-performing loan ratios have decreased. The Islamic finance sector's total assets reached QR718.5bn in 2025, with Islamic banks comprising 85.8% of this market share. Domestic assets of Islamic banks grew by 4.6%, and deposits increased by 7.5%, representing nearly 35% of total banking deposits.
Islamic banks provided QR418.3bn in financing, accounting for roughly 29% of the total banking sector financing. Key stakeholders attribute Qatar's Islamic banking success to digitalisation, financial innovation, and sustainable financing, with banks focusing on Shariah-compliant products and strong capital bases to support digital offerings and expand internationally.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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