Table II.

Number of banks by country

No.CountryIslamic banksConventional banksTotal no. of banksa
1Afghanistan 33
2Albania 1111
3Algeria11213
4Azerbaijan 1617
5Bahrain6617
6Bangladesh52733
7Benin 88
8Brunei112
9Burkina Faso 99
10Cameroon 1111
11Chad 33
12Djibouti 22
13Egypt21826
14Gabon 55
15Gambia167
16Guinea 55
17Guyana 33
18Indonesia24753
19Iran16 16
20Iraq279
21Ivory Coast 1111
22Jordan21214
23Kazakhstan 2222
24Kuwait379
25Kyrgyzstan 77
26Lebanon24447
27Libya 88
28Malaysia122436
29Maldives 11
30Mali 99
31Mauritania167
32Morocco 1010
33Mozambique 99
34Niger 55
35Nigeria 1111
36Oman 66
37Pakistan62430
38Palestine123
39Qatar358
40Saudi Arabia3711
41Senegal11011
42Sierra Leon 811
43Sudan24 24
44Suriname 22
45Syria2911
46Tajikistan 33
47Togo 66
48Tunisia11617
49Turkey43438
50Turkmenistan 11
51Uganda 1111
52UAE5819
53Uzbekistan 1414
54Yemen448
Total 110576699

Notes:

a

Includes the windows of conventional banks and the years before and during conversion for banks converted to Islamic banking. Banks with less than two years of data excluded

Source: Author’s calculations based on BankScope data

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