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March of islamic finance ‘crucial’ to confidence

Posted on 22 May 2009

From FT Adviser: Islamic finance is broadening its appeal to non-Muslim investors and has a “key role” to play in restoring investor confidence in financial markets, according to State Street.
Last week the investment house estimated the market for Islamic finance had grown by as much as 20 per cent a year since 2003, bringing total assets under management by Islamic financial institutions to £395.5bn ($600bn) globally…….Full Article: Source

 
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