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Back to basics: What you need to know about Shariah-Complaint Finance

Posted on 30 December 2008

From Familysecuritymatters.org: According to experts, the global market for Islamic Financial products in 2008 is worth over $1 Trillion and is expected to grow at 15-20% a year. Islamic financial products are likely to account for 50-60% of the total savings of the world’s 1.2 Billion Muslims in the next decade.

The Islamic banking industry’s estimated growth is 20% through 2012. Right now, about $88 Billion dollars in Shariah Compliant Funds are currently invested in the U.S….. Full Article: Source

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


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