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Islamic finance in the Middle East: Progress despite confusion and lack of information

Posted on 14 December 2011

Estimates vary of the size and growth rates of assets held internationally under Islamic finance, but suggest that Islamic finance is a rapidly growing industry. While it represents a small proportion of the global finance market (estimated at 1%- 5% of global share), the Islamic finance industry has experienced double-digit rates of growth annually in recent years (estimated at 10%- 20% annual growth).
Industry experts estimate that assets held under Islamic finance management doubled between 2007 and 2010 to reach around $1 trillion………………………………………..Full Article: Source

 
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