02.07.2012 - Islamic finance set to reach $5 trillion by 2016
The global Islamic finance and banking sector is pegged at $1 trillion with an estimated growth rate that is four times higher than conventional financial services, according to organisers of the upcoming International Islamic Finance Conference 2012. The sector is undergoing a dramatic change with its one-time easily identifiable early entrants of the 1970s increasingly joined by new dedicated players, alongside Shari’ah-specific, specially-branded product offerings from the general banking sector...............................................Full Article: Source
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