| 27.09.2011 - Gulf wealth to add $70bln to Islamic funds by 2013 |
| Wealth from investors in the Gulf will add more than $70bn to Islamic funds by 2013, Ernst & Young MENA said on Monday. Shariah funds may struggle to boost assets this year and in 2012 due to the “increasing likelihood of sovereign debt crisis in Europe and a double dip recession in the US,” Ashar Nazim, Islamic financial services leader at Ernst & Young wrote in the report..............................................Full Article: Source |