| The industry is still in its nascent stage, but has the potential for growth both in the context of the unique value proposition it carries and the global interest and growth, Islamic Finance has generated particularly in the aftermath of the global financial and economic crisis.
The industry is seeing the emergence of a number of conventional banks and finance companies opening ‘Islamic windows'; market awareness is on the increase, particularly among Non-Islamic customers on the UVP of Islamic finance; regulators are beginning to understand and respond favourably to the business model of Islamic finance; many new products are being introduced..........................................Full Article: Source
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