Islamic Finance
Market Forecasts
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Islamic finance grows faster than conventional banking
“Islamic finance is growing at twice the rate of the traditional banking industry in its core markets, which include Malaysia, Indonesia, Turkey and the GCC countries. The industry currently boasts $1.6 trillion in banking system assets,” said Mohammed Mahfoodh Al Ardhi, Chairman of the National Bank of Oman. He added:…
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Click here to read the full story: Saudi Gazette