| From Business24-7.ae: Islamic loan volume exceeded $5.66 billion (Dh20.78bn) in Saudi Arabia during the May 2009 to May 2010 period, according to different research data. The loan volume in Qatar was the next highest at $2.75bn, followed by the UAE at $900 million, Bahrain at $540m, Turkey at $306m and Kuwait at $293m.
The Islamic finance industry would touch the $2 trillion mark in three to five years, said Rushdi Siddiqui, Global head of Islamic Finance, Thomson Reuters..........................................Full Article: Source
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