| Jarmo Kotilaine, Chief Economist NCB Capital, Saudi Arabia's largest investment bank and leading GCC wealth manager, said that global Islamic banks' assets have increased considerably from $145 billion in 2002 to $1,033 billion in 2010.
Kotilaine reported that the sukuk market proved resilient in the face of the crisis, stating that globally, funds raised through sukuk issues grew from $2.8 billion in 2001 to $53.2 billion in 2010 and even during the tumultuous period of 2008-2009 funds raised from sukuk increased significantly..............................................Full Article: Source
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