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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance, Market Moves more

Capital markets needed for Islamic finance to develop

Posted on 28 September 2010

From Ahlul Bayt News Agency: Daud Vicary Abdullah, global leader of Deloitte’s Islamic finance group told reporters in Dubai at the launch of the firm’s Middle East Islamic finance leaders survey that international markets such as Japan and London are actively trying to raise sharia-compliant capital in order to tap liquidity from the Gulf region.
“Islamic finance still represents less than 1 percent of the global market,” he said. “It’s not yet punching its weight.”………………………………………Full Article: Source

 
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