18.04.2012 - GCC market share of Islamic banking crosses 25pct
The GCC the market share of Islamic banking had crossed the all important 25 per cent threshold which means that Islamic banks are now making successful competitive inroads into the conventional market space as well. Given the positive economic outlook, the Middle East, which is witnessing an increasing appetite for Sharia-compliant financing and investment alternatives across a broad range of corporate, wholesale and consumer segments, is yet to fully realise the potential of its Islamic finance and investments industry...............................................Full Article: Source
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