23.05.2011 - PwC: Islamic banks to ‘fix the roof while the sun is shining’
Islamic Finance has been experiencing double digit growth globally and risk management has not been at the top of the agenda, but if Islamic banks are determined to play a greater role in the financial system they need to manage the risks involved. With a quarter of the world’s population being Muslim, there is a growing desire by Muslims around the world to have their financial needs met with Shariah compliant solutions. Companies are also looking to diversify their investor base by seeking funding from Shariah-related sources. Islamic Finance in line with conventional finance is experiencing a return to growth post the financial crisis..............................................Full Article: Source
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