Islamic lenders continue to register asset growth that exceeds that of their conventional counterparts. The 275 lenders represented in The Banker’s Top Islamic Financial Institutions for 2025 registered a 10 per cent increase in sharia-compliant assets for 2024, compared with just 1.7 cent asset growth registered by this year’s Top 1000 World Banks.

While in previous years much of the industry’s growth has derived from the six states of the Gulf Cooperation Council, this year’s rankings show a more even picture, with Asia-Pacific lenders posting gains in line with their Middle Eastern counterparts. 

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