BAGHDAD: Iraqi Association for Private Banks announced that the capital of these banks was increased by 15% during 2016 to reach 8 trillion dinars. The association disclosed that these funds represent 78.2 of the capitals of the Iraqi banking sector. Iraq has 55 banks in different fields, including the Central Bank of Iraq, investment and Islamic ones. There are 7 governmental banks, 23 private banks, including 9 Islamic banks, in addition to 15 branches for foreign banks.
lamic banking assets reach Rs14.47 trillion, sector share rises to 23%
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
