Shariah-compliant products globally stands at over $1.5 trillion. These include equities that conform with Islamic principles, sukuk and Islamic funds, said the Executive Director of Financial Institutions Supervision, Central Bank of Bahrain.
Delivering the inaugural keynote address at the 7th World Islamic Funds and Financial Markets Conference at the Gulf Hotel in Bahrain, Abdul Rahman Al Baker, the Executive Director of Financial Institutions Supervision, Central Bank of Bahrain (CBB), said Islamic asset management industry is an area that has grown to an increasingly substantial segment within the financial markets.”………………………………………Full Article: Source