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Islamic finance institutions make up $1.2trn sector

Posted on 05 May 2009

From Business24-7.ae: Islamic finance institutions make up a $1.2 trillion (Dh4.4trn) industry that grew at an annual rate of 15 per cent over the past few years, Islamic Development Bank said.

The industry has grown into 350 institutions offering Shariah-compliant financial services across 75 countries, from one bank in the 1970s, said IDB President Ahmad Mohammed Ali…….Full Article: Source

 
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