Historically, only two core markets have extensively dominated the Islamic finance space - the Middle East (most importantly the oil-exploring Gulf countries) and Southeast Asia (Malaysia being the unchallenged leader in this industry).
In recent years, there has been an increased expansion of Islamic banking and finance, with economically significant countries such as the United Kingdom, France, Japan and even China considering some form of Islamic-compliant finance for their domestic market, thereby adding more stakes and credibility to the industry……………………………………….Full Article: Source