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Islamic Finance Briefing - Categorized | Finance, Performance more

Islamic finance assets grow to $950bln in 2009

Posted on 07 April 2010

From Business24-7.ae: Islamic finance industry saw its total assets grow to $950 billion (Dh3.48 trillion) in 2009 in spite of the global economic crisis. The market’s potential is worth at least $5trn, Moody’s said in its latest report.

Rapid growth in Islamic finance continues globally but the industry needs to be more innovative instead of being influenced by conventional derivative instruments, it said……………………………………….Full Article: Source

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