|According to the Global Islamic Finance Report 2011, strides have been taken by the global Islamic finance industry over the last 40 years. Ensuring continuity and expansion will require further domestic and global regulatory changes, expediting development and consolidating growth.
The launch of the second annual Global Islamic Finance Report, GIFR 2011, comes at an opportune time within the broader financial market space. The recession has led to a great deal of commercial soul searching. As policy makers attempt to use the financial tools at their disposal, Islamic financial practices and products represents a new way of thinking and a viable medium.(Press Release)