World Bank MD
World Bank MD sees Islamic finance asset growing 10%-15% annually
Wed, 2012-09-19 11:51 — newsdeskThe expextations for the next three years are for global Islamic finance assets to grow between 10% and 15% a year. They will be supported by strong demand and supply factors as well as effective regulation and quality of services. Since the number of banks that offer Islamic finance and profit and loss sharing products is continually increasing, competition will contribute to the assets' growth.
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