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Islamic finance: Assets likely to grow in Egypt

Posted on 25 April 2011

Egypt could see Islamic finance assets grow to $10 billion in 2013 from $6 billion in 2007, according to data provided by Bankscope and Thomson Reuters.
Although Egypt is considered the birthplace of Islamic finance, its growth has lagged due to past corruption scandals, while the previous government sought to enforce a more secular financial system……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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