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Islamic banks deposits surge by 11 percent

Posted in : Money

(added few years ago!)

The worth of Islamic banks places throughout January-March 2007 rolling by 11 percent went beyond Rs93 billion. State Bank of Pakistan (SBP) released figures showed that the amount of Islamic banks deposits in December 2006 was Rs83.74 billion, which has soared to Rs93.6 billion. Besides, the general consumers’ fixed deposits amount swelled by 17 percent to reach Rs35.76 billion, while the saving accounts value increased by 16 percent to mount at Rs24.75 billion.
On the other hand, financial institutions also have deposited Rs12.94 billion in the Islamic banks.

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(added few years ago!) / 97 views