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Islamic banking industry shows rich potential

Posted on 05 November 2010

From Kaleejtimes.com: The Islamic banking industry in the GCC is expected, in general, to remain strong moving forward, growing by 15 to 20 percent year-on-year in 2010, according to a banking and finance expert.
Muhammad Said Abdul Wahab said that the existence of financial centres in Bahrain, Qatar and the UAE, as well as a number of Islamic finance organisations such as the Accounting and Auditing Organisation for Islamic Financial Institutions, Liquidity Management Centre, and the International Islamic Financial Market will continue to attract new players to the region and further propel the Islamic banking industry to greater heights……………………………………….Full Article: Source

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