Islamic banking market share in FY20 increased to 15.3% of the overall banking industry and 16.9% of assets and deposits.
The profit before tax of Islamic banking institutions was Rs. 49 billion for FY20. Their branch network increased from 2,913 branches to 3,274 branches.
There are 22 Islamic banking institutions, 5 full-fledged Islamic banks and 17 conventional banks having standalone Islamic banking branches.
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