LO­CAL IS­LAMIC BANKS LEAD GLOBAL RANK­INGS

Qatar Today - - BUSINESS > BANK NOTES -

The World Is­lamic Bank­ing Con­fer­ence Leader­board an­nounced the global rank­ings of Is­lamic banks and four Qatari banks fea­ture in the top 15.

The banks were ranked in terms of cost-to-in­come ra­tio, which is one of the fi­nan­cial per­for­mance subindi­ca­tors of the Leader­board and a key fi­nan­cial mea­sure used to gauge the ef­fi­ciency of a bank. It is cal­cu­lated based on non-in­ter­est op­er­at­ing cost di­vided by the sum of net in­ter­est in­come and non­in­ter­est op­er­at­ing in­come.

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