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Deloitte to base Islamic finance centre in Bahrain

Posted on 09 February 2010

From Arabianbusiness.com: Consulting giant Deloitte has opted to site its new Islamic Finance Knowledge Centre (IFKC) in Bahrain to take advantage of a sector that has averaged a 15-20 percent annual growth rate over the last five years.

“Global Islamic Finance assets are estimated by the IMF (International Monetary Fund) to exceed $260bn and expected to grow to $1 trillion by 2016,” said Omar Fahoum, chairman and chief executive of Deloitte in the Middle East………………………………….Full Article: Source

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