Fri, Apr 18, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Investment more

Sri Lanka: Islamic banking to attract foreign investments

Posted on 07 September 2012

The local Islamic banking industry which stands to benefit from increasing GDP growth, exceeding 8% in 2011, is poised to attract more investment flows from Middle East and Far Eastern countries.
“The customer base of Islamic banking has gradually increased and the industry has managed to attract sufficient interest from the domestic market, both Muslim and non Muslim. The current non Muslim consumer market in Sri Lanka, comprises more than 20% of its total Islamic banking market shares, which figures are expected to increase due to education and awareness of Islamic banking products’ increase in the country,” Amana Bank CEO and Managing Director Faizal Salieh 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
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930