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Islamic banking becoming popular

Posted on 02 October 2009

From Gulfnews.com: Don’t look now but Islamic banking and finance is becoming big. How big, you ask? Moody’s credit rating agency estimates the global sector is worth around $700 billion (Dh2.57 trillion).

It has been more than a year since the fall of Lehman Brothers and the onset of the global financial crisis, but Islamic banks seem to be doing well………………Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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