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Banker survey shows the growth in Islamic finance

Posted on 05 November 2009

From Thebanker.com: The Banker’s third annual survey of the world’s Top 500 Islamic Financial Institutions this month suggests that not only has the industry avoided the calamities of conventional banks that led to the current global banking crisis, it has also managed to maintain strong asset growth in turbulent economic conditions.
The 2009 survey shows that the volume of sharia-compliant assets of the Top 500 grew by an extremely healthy 28.6%, rising to $822bn from $639bn in 2008………………………Full Article: Source

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