Islamic financing, which currently covers about $1trn in assets, may be emerging as a credible alternative industry to complement the global financial system. The market has been growing at 10-15% annually as global demand for Syariah-compliant products and services has increased.
Speaking at the Global Islamic Finance Forum in Kuala Lumpur, World Bank MD Mahmoud Mohieldin said Investors are increasing seeking to diversify into other alternative assets and are brushing aside prejudices that some may have about Islamic products and services………………………………………..Full Article: Source