Global Islamic banking assets held by commercial banks are set to cross $1.8 trillion in 2013, up from the $1.3 trillion of assets held in 2011 according to Ernst & Young’s World Islamic Banking Competitiveness Report 2013. This forecast is significantly higher than some of the earlier industry estimates.
Globally, the Islamic banking industry continues to record robust growth, with the top 20 Islamic banks registering a growth of 16 percent in the last three years and Saudi Arabia emerging as the largest market for Islamic assets. Top 20 Islamic banks hold over 50 percent of global Islamic banking assets……………………………………….Full Article: Source