| 02.12.2010 - Islamic finance struggles to rouse inert fund industry |
| From Sify.com: When regulators in Dubai and Malaysia signed a deal in 2007 to facilitate cross-border sales of sharia funds on each other's turf, they were hoping for a burst of activity to galvanise the $50 billion Islamic asset industry. Three years on, no funds have been marketed under the initiative, reflecting the struggle to expand the global Islamic asset management industry and the long road ahead to develop the business..............................................Full Article: Source |