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Deposits in Islamic banking institutions in the United Arab Emirates from 2018 to 2022, by sector (in billion Emirati dirhams)

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Source

Release date

December 2023

Region

United Arab Emirates, MENA

Survey time period

2018 to 2022

Supplementary notes

Note: 1 AED (United Arab Emirates dirhams) equals approximately 0.27 U.S. dollars and 0.25 euros (as of March 2024). 

Citation formats

Deposits in Islamic banking institutions UAE 2018-2022, by sector

Published by K. Scholle, Mar 20, 2024

As of 2022, the total value of deposits at Islamic banking institutions in the United Arab Emirates was valued at *** billion Emirati dirhams. Since 2018, the value of deposits in Islamic banking institutions has consistently increased each subsequent year. During this period, the private, and public sector comprised the majority of deposits, roughly contributing . 

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