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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Pakistan: Islamic financial industry

Posted on 04 July 2011

Islamic finance initiated to cater to the needs of Faith based Muslims four decades ago once looked at, as a patchwork of niches in the Arabian Gulf region and Malaysia, the market is evolving into a global one now. In the last thirty years, Islamic Finance industry has made considerable progress at the global front.
Especially, during the last decade the Islamic finance Sector (IFS) has registered a robust growth (between 15 to 20 percent per annum); making it one of the fastest growing segments of the overall financial system. Now, by the grace of Almighty Allah, Islamic finance has its toots expanded to Muslim as well as non-Muslims economies……………………………………….Full Article: Source

 
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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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