Wael Ibrahim on Islamic banking | Emirates Islamic Bank

World Finance interviews Wael Ibrahim, General Manager of Corporate Centre and Transformation at Emirates Islamic Bank, on the slow but steady growth of the Islamic banking sector

May 27, 2013
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Transcript

Although its reach and customer base is still relatively minor, Islamic banking is proving to be a resilient alternative to the conventional banking sector, with an average annual growth rate of 20 percent over the last few years. Wael Ibrahim discusses its potential for further growth after a loss of confidence in conventional practices in the wake of the financial crisis, and how Emirates Islamic Bank‘s “transformational year” in 2012 has set it on the path to becoming the leading financial institution in the UAE.