25.02.2013 - Is Islamic finance and banking for Muslims only?
Islamic finance is no longer a dream, rather it is a success story across the world, including some non-Muslim majority countries like, USA, UK, Philippines, Thailand, Hong Kong and Singapore. There are about 430 Islamic finance institutions and 191 conventional institutions having Islamic banking and finance windows in 70 countries. Their total assets size is around $1.6 trillion while the potential size is around $5 trillion. This sector is growing fast in Bangladesh also, and has already covered about 20% of the total banking assets. It may be mentioned here that Muslims in non-Muslim majority countries practice Islamic banking and finance and some non-Muslims also follow this system, though the percentage is very small...............................................Full Article: Source
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