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Qatar Cup to lift Shariah loans off 5-year low

Posted on 20 December 2010

From Bloomberg: Islamic loans in the Middle East will rebound in 2011 from a five-year low, said HSBC Holdings Plc, this year’s biggest lender, as accelerating economic growth and Qatar’s building for the soccer World Cup boosts spending.
Syndicated loans dropped 18 percent this year to $6.5 billion, according to data compiled by Bloomberg. Loans peaked at $24 billion in 2007, before the worst financial crisis since the Great Depression……………………………………….Full Article: Source

 
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