Islamic Banking Assets Up 23 Pct: Bernama

KUALA LUMPUR, March 2 (Bernama) -- The country's Islamic banking system continued to expand last year where assets, deposits and financing recorded annual increase of 23 percent, 26.9 percent and 22.5 percent respectively.

Deputy Finance Minister, Datuk Ahmad Husni Mohamad Hanadzlah said total Islamic banking assets as of to date stood at RM192.8 billion, deposits RM154.6 billion and financing RM104.6 billion.

The risk rated capital ratio meanwhile stood at 15.2 percent and surplus capital was RM8.0 billion as at end of December last year.

Net non performing loans meanwhile declined to 2.4 percent, he said in reply to a question from Dr Dzulkefly Ahmad (PAS-Kuala Selangor) during the question and answer session at the Dewan Rakyat sitting in Parliament Monday.

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