Even a global recession couldn’t put the brakes on the rapid rise of Islamic finance, but limited products and talent within the sector still need to be addressed.
In one way, the rise of Islamic finance has been as predictable as it has been meteoric. There are an estimated 1.6 billion Muslims on earth and the Islamic banking industry, which requires financial products from mortgages to savings accounts to be structured to comply with Shariaáh law under the Quran, has offered this unique customer base the irresistible opportunity to conduct business according to their religious principles……………………………………….Full Article: Source