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Islamic banking set to undergo robust change

Posted on 18 January 2010

From Btimes.com.my: Islamic banking and financing have become a more important force globally, reaching a point where countries and financial institutions that have never looked at it before are now seriously exploring the benefits and potentials.

According to research by the International Monetary Fund, global syariah-compliant asset is worth more than US$800 million (RM2.7 billion) and is expected to reach US$1 trillion (RM3.34 trillion) in one to two years…………………………………..Full Article: Source

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


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