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Islamic finance eyes new regions

Posted on 19 February 2010

From Khaleejtimes.com: Muslim countries in Central Asia and Indonesia are seen as the next growth areas for the Islamic finance industry after hopes of expansion into Western markets faded and Gulf Arab markets remain fragmented.

Islamic banks are struggling to expand within the Gulf Arab region that due to shareholders’ sensitivities, a lack of transparency and national interests has seen hardly any acquisitions, forcing them to look elsewhere for growth…………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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