24.02.2012 - Accolades recognise pillars of Islamic finance industry
With Islamic finance now gaining presence around the globe, World Finance is pleased to present the winners of the Islamic Finance Awards, acknowledging the exemplary actors in this exciting sector. Recent growth in the sector has been enormous: It had an estimated $1.2trn of assets under management as of the end of 2011 - a sum which is expected to quadruple within the next three years. Interest in Islamic products outside of indigenous markets has grown, and with it has come wider exposure of the benefits that the products have to offer. The ethical approach to lending propagated by Islamic financial products has proved very appealing to investors. (Press Release)