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GCC Islamic investment firms have USD 235 bln in assets

Posted on 05 November 2009

From Zawya.com: The global financial crisis has not hit Islamic finance industry thanks to its sound and strong systems as Gulf Islamic investment firms still have USD 235 billion’s worth of combined assets, Islamic financial leaders said.

Speaking at the two-day 3rd Fiqh Conference for Islamic Finance Institutions, which kick-started here earlier in the day, they stressed the significance of carrying on the sound strategies of Islamic investment firms which they said are now highly reputed in European countries and the US………………………Full Article: Source

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