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Islamic finance industry ‘will grow further in 2010′

Posted on 14 April 2010

From Tradearabia.com: The Islamic finance industry in the region will grow further in 2010, said Capinnova Investment Bank - the Shari’a compliant investment banking arm of BBK.

“The key fact that the Islamic finance industry is asset-based and not debt-financed, has protected and prevented this sector from the crises that has brought the downfall of conventional financial giants worldwide. We are confident about the Islamic finance industry’s future and we believe that it will grow stronger in 2010,” stated Jamal Hijres, chief executive officer, Capinnova Investment Bank…………………………………Full Article: Source

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