Table I

Financial inclusion and IFIs in selected Gulf Cooperation Council (GCC) countries

EconomyReligiosity (%)Number of IFIsIslamic assets per adultaNumber of IFIs per 10m adultsNumber of IFIs per 10,000 km2
Bahrain943229,194301.6421.05
Kuwait911828,10287.210.10
Oman–3–14.40.10
Qatar951413,85186.512.08
Saudi Arabia93181,6859.20.08

Note: aIslamic assets per adult ($)/Size of Islamic assets in the banking sector of an economy per its adult population

Source: Global Report on Islamic Finance, World Bank (2016) 

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