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Islamic Finance Briefing - Categorized | Market Moves, Performance more

Islamic markets seen leading global trade volumes

Posted on 24 October 2011

Emerging and Islamic markets are expected to lead a growth in global trade volumes over the next fifteen years as non-traditional markets in Asia and Latin America drive demand, said a senior executive at HSBC’s Islamic arm.

Global trade volumes are expected to jump 73 percent to $49 trillion with Malaysia, Indonesia and the UAE emerging as major trade players, according to HSBC Amanah’s recent trade forecast, said Romy Buchari, senior manager of global commercial banking………………………………………Full Article: Source

 
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