Islamic banks' share rises 27%
S&P Global anticipated that the share of Islamic banks in Qatar's financial sector will remain stable between 25% and 27% over the next two to three years. They noted that these banks will continue to benefit from strong capitalization and shareholder support, which will help absorb potential losses resulting from the Middle East conflict. The report also highlighted that these banks rely relatively less on external financing compared to the system-wide average, and that they will mainly focus on the public sector in their budgets, enhancing their resilience in facing challenges.
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