| 02.07.2012 - Islamic banking growth is soaring and driving IT investments in the Middle East |
| Recently, Standard Chartered released its estimates on the banking assets of the Islamic banking segment globally, which it predicts will reach US$1.1 trillion by 2012, up 33% from 2010. Over the past five years, Islamic banking in the Middle East region — which accounts for 60% of global Islamic banking assets — has witnessed a CAGR of 20% and is well positioned to double by 2015...............................................Full Article: Source |