| From Infoisrael.net: While the outside world hardly noticed, a significant and rapidly growing amount of money is now being managed in accord with Islamic law, the Shari'a. According to one study, "by the end of 2005, more than 300 institutions in over 65 jurisdictions were managing assets worth around US$700 billion to US$1 trillion in a Shari'a-compatible manner."
Islamic economics increasingly has become a force to contend with due to burgeoning portfolios of oil exporters and multiplying Islamic financial instruments (such as interest-free mortgages and sukuk bonds)..... Full Article: Source
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