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Islamic finance - The new mainstream alternative

Posted on 03 August 2010

From Investorsoffshore.com: Although the Islamic finance sector suffered along with other investment sectors during the credit crunch of 2008 and 2009, its long-term future seems assured. Rushdi Siddiqui, Global Head of Islamic Finance at Thomson Reuters, said that Islamic Finance is on a firm footing to become a USD2 trillion industry in the next half decade.
“It took the Islamic Finance industry 40 years to become a USD1 trillion industry. It will take another two to five years to become a USD2 trillion industry,” he said……………………………………….Full Article: Source

 
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