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Islamic Finance Briefing - Categorized | Emerging Trends, Finance, Market Moves more

Islamic finance sector can enhance operations

Posted on 24 November 2010

From Gulf-press.com: Financial markets with a significant Islamic finance sector are recovering faster at 5% growth compared with the global average of 3.5%, stated a new report produced in collaboration with global management consultancy McKinsey & Company.
Despite Islamic banking assets growing at an average of 12% from 2008 to 2009, the profitabilityof Islamic banks in these markets has declined……………………………………….Full Article: Source

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