The global Islamic finance and banking sector is pegged at $1 trillion with an estimated growth rate that is four times higher than conventional financial services, according to organisers of the upcoming International Islamic Finance Conference 2012.
The sector is undergoing a dramatic change with its one-time easily identifiable early entrants of the 1970s increasingly joined by new dedicated players, alongside Shari’ah-specific, specially-branded product offerings from the general banking sector………………………………………..Full Article: Source