“Overall the Islamic banking is growing in the traditional markets where it operates as well as in new markets where demand for the Islamic banking products and services has seen a major surge,” Abdulhakeem Alkhayyat, the Managing Director and CEO of KFH-B told The24X7News.
Alkhayyat, on the sidelines of the 2013 Bahrain Sophia Antipolis Mentorship Programme, said the Islamic banking industry due to its proven track record of sustainable growth and resilience would continue to outperform the other segments of the banking industry.
Talking about the 2013, Alkhayyat said that the year kicked off in positive manner and there has been growth in Islamic banking, real estate and other segments of the business in the Kingdom of Bahrain and beyond.