29.03.2012 - Islamic finance assets continue to grow
As Bermuda continues to position itself as a hub for Sharia-compliant business, a new report from the UK Islamic Finance Secretariat [UKIFS] indicates that Islamic finance assets worldwide continued a long run of growth to reach an estimated $1.3 trillion in 2011 — 150 per cent up over the previous five years. Despite political unrest in some countries the industry has continued to expand, not only in its core markets of the Middle East but also in South East Asia and offshore jurisdictions such as Bermuda...............................................Full Article: Source
Print