04.01.2012 - Islamic finance: Broader product range to lift demand
The Islamic finance industry has performed relatively well through the 2008 global financial crisis with its built-in immunity from toxic assets. However, it is not protected from exposure in the credit market and the real economy. The segment may have grown significantly during the past few years, but it needs a larger range of Islamic financial products to boost its share of the global financial assets: at about US$1.2 trillion, Islamic finance today accounts for just under 1% of the total global financial assets...............................................Full Article: Source
Print