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Islamic banks’ asset growth set to slow in 2009

Posted on 09 December 2008

From Khaleejtimes.com: Aggregate asset growth of global Islamic banking is poised to slow from 10 to 15 per cent in 2009, signaling a tough year ahead for the sector, Moody’s Investor Services said.

Combined assets of global Islamic financial institutions (IFIs), which are expected to post a growth of 20 to 30 per cent this year, have already shown signs of deceleration….. Full Article: Source

 
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