10.10.2011 - Halal and Islamic finance markets will converge, says Al Islami CEO
Islamic stock exchange for both Islamic financial services and halal FMCG companies is a logical outcome. The $1 trillion (AED3.68 trillion) global Islamic finance industry is in the process of developing a road-map to converge on $651 billion (AED2.4 trillion) halal market, says Saleh Abdullah Lootah, Managing Director of Al Islami Foods. “Islamic stock exchange for both Islamic financial services and halal FMCG companies is a logical outcome and a natural relationship of the two fast growing industries. The time has come to sustain and channel this growth,” said Lootah..............................................Full Article: Source
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