Dubai: pretender to the Shari’a finance crown
Since its establishment as a viable financial market in the 1980s, the Islamic finance industry has experienced staggering growth. In 2013, Islamic banking assets with commercial banks globally amounted to $1.7trn, suggesting an annual growth of 17.6% in the preceding four years. By 2017 assets are forecasted to double to $2.7trn….
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