| The global Islamic finance industry has been forecasted to touch the AED7.3 trillion (US$2 trillion) mark in the next three to five years. However, Islamic finance has not reached even three percent of the 1.6 billion Muslims globally.
The growth of Islamic finance has been slow but steady. Industry analysts are of the opinion that the sector will witness growth in the areas of retail, consumer banking, small and medium sized enterprises (SME) commercial banking and investment banking towards the end of 2010..............................................Full Article: Source
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