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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Islamic finance now a hot topic

Posted on 11 March 2009

From Gulfnews.com: Islamic finance featured heavily in Tuesday’s opening session of the 10th annual Hedge Funds World Middle East Conference. The past 12 months have seen the launches of two Sharia-compliant hedge funds, the first by Dubai-based Shariah Capital Inc and the second by Deutsche Bank.

Despite the global economic downturn, Islamic finance is projected to grow 15 per cent this year, down from 25 per cent in 2008, said Eric Meyer, Shariah Capital Chairman and CEO….. Full Article: Source

 
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