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Assets of Islamic financial institutions expected to jump

Posted on 09 June 2011

Assets of Islamic financial institutions are expected to grow from US$1 trillion now to US$5 trillion in the next few years, according to experts at the second World Islamic Banking Conference which kicked off in Singapore on Wednesday.
Attracting some 450 delegates from around the world, the conference featured speakers from regulatory bodies as well as banks. The theme for this year’s conference is enhancing cross-border connectivity between Islamic financial centres in Asia and the Middle East………………………………………..Full Article: Source

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