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AUMs in Islamic finance reached $1.76 trillion in 2012, claims Markaz

In the executive summary of its report on GCC Islamic Finance, Kuwait Financial Centre “Markaz” notes that at the end of 2012vassets under management in Islamic finance reached $1.76 trillion, growing at a CAGR of 24.8 per cent per annum in the preceding four years. The Islamic finance industry reached…

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