From Glgroup.com: Despite concerns over transparency and legal clarity the market for Islamic finance looks set for major growth. Islamic banks have emerged largely unscathed by the sub-prime crisis that devastated the balance sheets of their western counterparts.
An estimated 1.5 billion people worldwide could have a propensity for Islamic financial services according to a recent report as the battle for supremacy intensifies between financial centers in the Gulf and Asia……………………………………….Full Article: Source