| From Btimes.com.my: The Global Islamic Finance Forum (GIFF) 2010 ended yesterday, leaving in its wake a greater awareness of the growing importance of Islamic finance in the world. Most of the more than 1,000 participants left Kuala Lumpur on a high note, bullish that the industry which has existed for more than 40 years would be steadily making inroads and taking a bigger slice of the banking pie from their 500-year-old conventional peers.
Bahrain Islamic Bank general manager (credit and risk management) Dr Salah Addeen A. Qader Saeed said that although the US$1 trillion (RM3 trillion) global Islamic finance industry was just a drop in the ocean compared to the hundreds of trillions of dollars handled by conventional banking, it was nevertheless here to stay...........................................Full Article: Source
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