| 26.11.2008 Opalesque Exclusive: 300 institutions, $650bln assets at 15% yearly growth rate - Report says Islamic banking attractive as it is highly profitable |
| From Matthias Knab, currently in Africa: According to Celent, a Boston-based financial research and consulting firm, Islamic finance has become a major global industry, with over 300 institutions currently involved in both Muslim countries and international markets. Globally, Islamic banking assets are estimated between US$600 billion and $650 billion and have registered a growth rate of 10-15% pe |
| Article source: http://www.zawya.com/Story.cfm/sidWAM20081126072004898/Global%20Institutional%20Investors%20Looking%20at%20Middle%20East%20Capital%20Markets - Opalesque is not responsible for the content of external internet sites |