12.06.2012 - Amanie Advisors sees growth in CIS for Islamic finance
As the global economy struggles with slow growth and high debt, Islamic finance looks to the CIS for opportunities. Amanie Advisors recently registered its new subsidiary Amanie Advisors CIS in Astana, Kazakhstan. The CIS presents a huge potential market for Islamic Finance with a population of nearly 100 million Muslims, accounting for roughly 30 per cent of the total population. Recently Kazakhstan adopted a special law on Islamic banking and finance and is vying for the regional leadership role in the development of Islamic financial instruments...............................................Full Article: Source
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