27.02.2012 - Shariah-compliance boosts business value by 25pct
Converting a conventional business to a Shariah-compliant entity can increase the value of a company by 18-25 per cent due to the scarcity of genuine Islamic investments, but the process involves various risks, said Swiss banking group, Bank Sarasin. The bank, releasing its Islamic Wealth Management Report, said while the conversion process is arduous, "extending from the design to distribution and beyond, to how the company spends its profits," the market potential is massive, with the global Muslim population expected to increase by 26 per cent to 2030, to 2.2 billion, rivalling China and India in terms of market size...............................................Full Article: Source
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