| With an increasing appetite for Shari'ah-compliant alternatives in the areas of banking and finance among the investment community, corporate end users, consumers and intermediaries, Islamic finance in the Middle East have witnessed dramatic and exponential growth in the past few years.
Despite the global economic slowdown, the Islamic financial industry has crossed its USD 1 trillion mark and the industry leaders gathered at the 1st Annual Middle East Islamic Finance and Investment Conference (MEIFIC 2011) which is being held on the 12th and 13th of April 2011, at Dusit Thani Dubai, agreed that the Islamic finance industry is rapidly resuming its growth path and is increasingly gaining attention in various jurisdictions across the globe in the post-crisis global financial landscape..............................................Full Article: Source
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