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Islamic Finance Briefing - Categorized | Finance, Market Moves more

UK- A key western centre for Islamic financial services

Posted on 28 May 2010

From Globalarabnetwork.com: The global market for Islamic financial services, as measured by sharia compliant assets, is estimated by IFSL to have reached $951bn at end-2008, 25% up from $758bn in 2007 and three quarters up on the 2006 total. However, 2009 may have seen a pause following strong growth of previous years.
Commercial banks account for the bulk of the assets with investment banks, sukuk issues, funds and takaful making up the balance……………………………………….Full Article: Source

 
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