Financial instruments — cash, bearer bonds, etc. — in line with Islamic law or Shariah are predicted to hit $1.8 trillion (U.S.) globally by 2013, up 38.5 percent year on year, according to American corporate auditors Ernst & Young’s World Islamic Banking Competitiveness Report 2013 released Monday. But some wonder if this growth will help radical Islamist groups.
According to the report, the top 20 Islamic banks have registered an annual growth of 16 percent over the last 3 years………………………………………..Full Article: Source