12.11.2012 - Islamic finance must adjust to new dynamics for sustainability
The global Islamic finance industry has witnessed phenomenal growth over the past decade, with the estimated asset size now exceeding $1 trillion. David McLean, Chief Executive of the World Islamic Banking Conference, said “the last several years has seen the international dimension of Islamic finance gaining tremendous significance as the industry continues to demonstrate its competitiveness and build scale in an increasingly globalized playing field. The Islamic banking sector is undoubtedly well placed to play a vital role in facilitating cross-border financial flows particularly between the emerging economies which, in turn, stands to further increase the international participation in Islamic financial markets...............................................Full Article: Source
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