| Islamic Finance has developed into a $1tn global business with the dynamics to reach far more in the near future. The epicentres of this industry are in the Middle East and Asean, with sizeable cash flow between the two regions. Though contributing only a fraction of the world’s total banking assets, Islamic financial products’ resilience to global crises has given the industry credibility in its use as an alternative to conventional banking.
Thus, the potential for a further collaboration between the two centres for Islamic banking is huge, especially between financial hubs such as Qatar and Malaysia...............................................Full Article: Source
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