Fri, Nov 28, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Islamic banking gets more customers from conventional market

Posted on 17 November 2011

The growth from the conversion of conventional banking customers into Islamic banking is higher than that from the unbanked market, said Standard Chartered Saadiq global head of Islamic banking (consumer banking) Wasim Saifi.

“So far the growth in Islamic banking has come from customers switching to Islamic banking from the conventional banking space.Banks have not been able to find it profitable or feasible to penetrate deeply into the unbanked population,” he said …………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930