U.A.E. Islamic Deposits Were $3.3 Billion, Al-Suwaidi Says

Islamic certificates of deposit reached 12 billion dirhams ($3.3 billion) in the first quarter, the United Arab Emirates’ central bank Governor Sultan Bin Nasser al-Suwaidi said today.

To contact the reporter on this story: Zahraa Alkhalisi in Dubai at zalkhalisi@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net.

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