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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Islamic finance: An ethical alternative to conventional finance?

Posted on 27 March 2009

From Accaglobal.com: Islamic finance is one of the fastest-growing segments of today’s banking industry. Formerly deemed a marginal industry by some, Islamic finance is now recognised as a vital and thriving market.

While the size of Islamic finance and banking activities, estimated to range from $500bn to $1,000bn, is still a fraction of conventional banking, the impressive growth rates of 10–15% seen in recent years emphasise the potential market for such activities…..Full Article: Source

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


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