| The sharia system is potential to rival the conventional financial system. China has started paying serious attention to global sharia bonds.
Indonesian Vice President Boediono said that Islamic financial industry is growing rapidly at over 20 percent a year since 2000. In the beginning, sharia asset was only one percent of the total global assets, which is considered minor. It is estimated that by 2012, Islamic financial assets would reach US$1.6 trillion in keeping with the growing trend of sharia assets..............................................Full Article: Source |